Massachusetts vs Rhode Island: cost of living compared

Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).

Is it cheaper to live in Massachusetts or Rhode Island?

  • Overall, Rhode Island is 3.3% less expensive than Massachusetts (BEA, 2024).
  • To keep the same standard of living, $75,000 in Massachusetts works out to about $72,500 in Rhode Island, before taxes.
  • Most of the difference is housing, which costs 17.5% less in Rhode Island. Goods are 1.7% lower and other services 0.0% lower.
  • After adjusting for local prices, personal income per person is $55,878 in Rhode Island and $71,629 in Massachusetts (22.0% lower in Rhode Island; BEA, 2024, in 2017 dollars).
  • Inside each state, metro price levels run 101.8 in Providence, RI, its only metro area (Rhode Island) and from 95.1 in Pittsfield, MA to 108.3 in Boston, MA (Massachusetts), US = 100.
  • The gap is about where it was in 2019 (4.4%).

derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.

Try your own salary

18% matches BEA's average basket. Set your own share if housing takes more or less of your budget.

Category by category

Both states against the US average (100).

Housing drives the gap: 17.5% lower in Rhode Island than in Massachusetts

Price level by category, 2024. US average = 100.

  • Massachusetts
  • Rhode Island
All items
Massachusetts: 105.8 Rhode Island: 102.3
Goods
Massachusetts: 98.8 Rhode Island: 97.2
Housing (rents)
Massachusetts: 128.1 Rhode Island: 105.6
Utilities
Massachusetts: 152.1 Rhode Island: 146.7
Other services
Massachusetts: 102.9 Rhode Island: 102.8

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
All items105.8102.3
Goods98.897.2
Housing (rents)128.1105.6
Utilities152.1146.7
Other services102.9102.8
CategoryMassachusettsRhode IslandRhode Island vs Massachusetts
All items105.8102.3−3.3%
Goods98.897.2−1.7%
Housing (rents)128.1105.6−17.5%
Utilities152.1146.7−3.6%
Other services102.9102.80.0%
Income per person, adjusted for prices $71,629 $55,878 −22.0%
Regular gas, week of October 19, 2026* $4.20 $4.25 +1.1%
Salary to match $75,000 in Massachusetts $75,000 $72,500 −3.3%

Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *New England region average (EIA has no separate Rhode Island figure).

Cheapest and most expensive places in each state

Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.

How the gap has changed since 2008

The price gap between Massachusetts and Rhode Island has been fairly stable since 2008

Overall price level each year, 2008–2024. US average = 100.

  • Massachusetts
  • Rhode Island
US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
2008106.0103.6
2009105.5103.9
2010104.8101.8
2011104.7101.1
2012104.599.8
2013103.3101.4
2014104.5100.3
2015105.1102.0
2016108.2101.6
2017107.4102.4
2018107.4102.0
2019107.2102.4
2020109.1101.8
2021106.7102.2
2022109.4104.5
2023107.7102.1
2024105.8102.3

Goods

  • Massachusetts
  • Rhode Island
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
200898.4100.3
200997.7100.9
201099.797.6
2011101.497.9
2012101.297.5
2013100.897.3
2014104.097.2
2015102.298.6
2016103.798.4
2017103.899.3
2018102.3100.8
2019103.698.9
2020105.398.0
2021105.698.2
2022107.1101.0
2023100.098.3
202498.897.2

Housing (rents)

  • Massachusetts
  • Rhode Island
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
2008126.5117.6
2009130.3117.7
2010129.1115.8
2011128.6115.3
2012129.3107.9
2013129.1108.8
2014129.9113.8
2015130.0113.1
2016130.5108.1
2017130.6106.7
2018128.6110.2
2019130.1108.7
2020134.7102.9
2021129.0109.1
2022128.5104.2
2023130.1102.7
2024128.1105.6

Utilities

  • Massachusetts
  • Rhode Island
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
2008150.0137.2
2009142.6138.8
2010114.2129.9
2011120.2123.0
2012127.4117.6
2013115.5121.6
2014110.0125.4
2015117.7129.6
2016133.2131.4
2017148.8130.9
2018151.7138.8
2019150.4141.2
2020162.3156.9
2021155.8146.2
2022151.3133.6
2023166.1145.1
2024152.1146.7

Other services

  • Massachusetts
  • Rhode Island
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
MassachusettsRhode Island
2008104.8100.6
2009103.3100.6
2010102.099.3
2011100.998.4
2012100.398.3
201398.8100.9
201499.497.5
2015101.0100.1
2016104.9100.7
2017103.3102.0
2018104.399.4
2019102.9101.4
2020103.4102.0
2021100.9101.2
2022104.9105.5
2023105.0102.7
2024102.9102.8

What incomes buy in each state

Income per person after adjusting for prices: $55,878 in Rhode Island, $71,629 in Massachusetts

Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).

  • Massachusetts
  • Rhode Island
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
MassachusettsRhode IslandUnited States
2008$54,555$44,945$45,816
2009$54,190$43,972$44,204
2010$55,655$46,328$44,808
2011$56,408$47,058$45,957
2012$57,031$48,058$46,796
2013$56,792$46,478$46,358
2014$57,330$47,949$47,661
2015$60,284$48,489$49,396
2016$59,839$48,694$49,828
2017$61,657$49,346$51,006
2018$63,248$50,171$52,242
2019$65,383$52,109$53,683
2020$68,048$55,800$56,514
2021$72,466$56,786$59,365
2022$67,331$53,223$57,104
2023$69,372$55,140$58,088
2024$71,629$55,878$59,195

More

Related state comparisons

What this comparison leaves out

  • Taxes. State income, sales and property taxes differ a lot between states and are not included.
  • Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
  • Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
  • Timing. BEA price levels and incomes are for 2024; gas prices are weekly.

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