← All States

Rhode Island

D+17  ·  High tax burden  ·  COL index 114

C

5.99%

Income Tax

237

Violent Crime / 100K

78.1

Life Expectancy

$430K

Median Home

$1,750

Childcare / Mo

State Profile

72/100
255075100TAXES49SAFETY80HEALTH94SCHOOLS76AFFORDABLE66LONGEVITY67

Taxes

Income Tax

5.99% top

Property Tax

~$5,590/yr on median home

1.3% / yr

Sales Tax

7% avg

Social Security

Taxed

Pension / IRA

Partial

Estate Tax

Yes — $1.77M exemption

Inheritance Tax

None

Capital Gains

Taxed as income

Housing & Cost of Living

Cost of Living Index

National avg = 100

114

Median Home Price

$430,000

Median Rent (2BR)

$1,800/mo

Home Insurance

$1,400/yr

Homestead Exemption

Home equity protected from creditors

$500,000

Asset Protection

Strong

Sponsored · LendingTree

Median home price in Rhode Island: $430,000

Compare mortgage rates from multiple lenders

See rates

Sponsored · Policygenius

Avg home insurance in Rhode Island: $1,400/yr

Compare home insurance from top carriers

Compare rates

Crime & Safety

Violent Crime Rate

Near national avg

237 / 100K

Property Crime Rate

Near national avg

1,527 / 100K

Traffic Fatality Rate

7.8 / 100K

Healthcare

State Healthcare Rank

Top tier

#4 of 50

Life Expectancy

78.1 yrs

Medicaid Expansion

Expanded

Uninsured Rate

Well below national avg

4.7%

Education

K-12 Quality Rank

#13 of 50

School Choice / Vouchers

Not Available

Childcare

Avg Infant Care (Full-Time)

$1,750/mo

Transportation

Car Insurance (Avg Annual)

$2,100

Traffic Fatality Rate

7.8 / 100K

Broadband Access

91% of households

Sponsored · The Zebra

Car insurance in Rhode Island averages $2,100/yr

Compare car insurance rates in 2 minutes

Get free quotes

Social & Legal

Abortion Access

Legal to viability; state law codified

Protected

LGBTQ+ Protections

Comprehensive

Marijuana

Recreational

Minimum Wage

$14/hr

Right to Work

No

Environment & Climate

Air Quality (Annual AQI)

Near national avg

32

Natural Disaster Risk

Moderate

Primary Hazards

hurricanenor-easterflood

Politics & Gun Laws

2024 Presidential Vote

D+17

Gun Law Grade

Source: Giffords Law Center

B

Carry Permit

May-issue

Purchase Permit Required

No

Gambling

Legal

See your full cost of living in Rhode Island

Housing, taxes, childcare, insurance — all estimated.

Calculate

Sponsored

SmartAsset

Planning a move? Get matched with a financial advisor.

Get matched with a vetted financial advisor

Find an advisor

Sponsored

Moving.com

Moving to Rhode Island? Compare quotes from licensed movers.

Get free quotes from licensed movers

Get moving quotes

Data is informational only. Verify with a tax professional, real estate agent, and local sources before making relocation decisions. Crime data: FBI UCR ~2022. Healthcare: Commonwealth Fund / US News ~2023. Education: Education Week ~2023. Housing: Zillow / Census ACS ~2024. Insurance: rate surveys ~2024. Sponsored links marked “Sponsored” may earn a commission. This does not affect our data or rankings.