Where Rhode Island’s Household Expenses are the Highest in 2022

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How does living in the Ocean state affect your wallet? doxo breaks down key insights about Rhode Island’s household expenses, with a close eye to how bills differ in towns and cities across the state. The average household in Rhode Island, doxo’s data reveals, pays $2,172 in bills per month.

doxo’s data also has infographics for 25 cities and towns across Rhode Island, breaking down localized bill pay data figures as well. The state-wide rankings for most and least expensive cities provide insight into cost of living in Rhode Island and how it changes according to location.

The data sheds light on Rhode Island’s cost of living through other metrics, too. For example, the “percent of household income” data point shows what percentage of household income local residents spend on bills. doxo’s data also indicates how much more or less expensive specific cities are than the national and state average.

Rhode Island residents pay $2,172 in household bills a month

The average Rhode Island household pays $2,172 a month for the 10 most common household bills. This figure takes into account the 10 most common household bills, which are: Mortgage; Rent; Auto Loan; Utilities (electric, gas, water & sewer, and waste & recycling); Auto Insurance; Cable & Internet & Phone, Health Insurance (consumer paid portion); Mobile Phone; Alarm & Security; and Life Insurance.

Rhode Island residents, overall, get a good deal on their bills: the state ranks 13th out of 50 states in terms of average monthly spending. Virginia ranks 12th, with annual monthly expenses of $2,229, and Oregon ranks 14th, at $2,070.

Rhode Island’s household expenses, on average, are 8.5% higher than the national average of $2,172.

Absolute dollar amounts don’t tell the full story, however. The “percentage of household income” metric provides a more proportional look at bill spending in a particular location. Rhode Island households spend 39% of their income on household bills. For example, Connecticut is the 6th most expensive state and New York is the 7th most expensive, but New York residents spend 39% of their income on bills, while Connecticut residents spend only 35%. 

Annually, Rhode Island residents pay $11 billion in household bills. See more data about bill pay in Rhode Island by clicking on the infographic link below.

Data: doxoINSIGHTS’ bill pay infographic about Rhode Island

  • Average Bill Cost per HH: $2,172 per month
  • State Bill Pay Market Size: $11 billion
  • doxoINSIGHTS State Rank: 13 out of 50
  • Percent of HHI Used for Bills: 39%
  • Difference from the National Average: 8.5% higher

Housing bill category drives Rhode Island’s high monthly bill expenses

The average Rhode Island household pays $2,172 in the 10 most common household bills per month. Rent expenses drive savings by being considerably lower than the national average, while mortgage does not drive savings. The average mortgage payment in Rhode Island is $1,657, and average rent is $1,036, compared to the national average mortgage bill of $1,368 and rent bill of $1,129.

Other than housing-related expenses, auto loans are the most significant of the 10 most common bills for residents of Rhode Island. Still, these expenses are still lower than the national average. The average auto loan bill in Rhode Island is $397 a month, compared to the national average of $433.

Compared to the national average, utilities are also a notably higher expense for residents of Rhode Island. The average household in the state pays $369 a month for utilities, compared to the national average of $328.

Health insurance, by contrast, is more affordable in Rhode Island. While US residents on average spend $115 per month on health insurance, in Rhode Island they spend just $123.

Note: Health Insurance and Life Insurance expenses do not account for payments made by employers on behalf of employees. These just include out-of-pocket expenses. Also, the state and national bill totals take into account the percentage of households that pay a bill.

Average Rhode Island Household Bill Spending

Bill Category Average Rhode Island Monthly Bill National Average Monthly Bill Rhode Island Percent +/- National Average ($2,003)
Mortgage $1,657 $1,368 21% higher
Rent $1,036 $1,129 8% lower
Auto Loan $397 $433 8% lower
Utilities $369 $328 13% higher
Auto Insurance $223 $196 14% higher
Cable & Internet $122 $114 7% higher
Health Insurance $115 $123 7% lower
Mobile Phone $117 $113 4% higher
Alarm & Security $82 $84 2% lower
Life Insurance $153 $82 87% higher
Total $2,172 $2,003 8.5% higher

Barrington tops the list of most expensive cities for Rhode Island’s household bills

Residents of Barrington pay the highest household bills in the state of Rhode Island, at an average of $2,645 per month. East Greenwich comes second in the rankings, with residents paying $2,613 on average per month.

In proportion to household income, however, Barrington’s bills are costlier than ones in East Greenwich. While Barrington’s monthly bill basket makes up 26% of average household income there, East Greenwich’s bill basket accounts for just 30% of average household income in that area.

Access detailed infographics about each city or town by clicking on the hyperlinks in the “City” column in the tables below. You can also browse doxoINSIGHTS’ regional bill comparison database to see infographics about more than 4,200 cities and towns across all 50 states in the US.

10 Most Expensive Rhode Island Cities for Household Bills

(1-10 out of 25)
City Monthly Bill Expenses Per Household* Percent of Household Income Used for Bills  
1 Barrington $2,645 26%  
2 East Greenwich $2,613 30%  
3 Portsmouth $2,603 31%  
4 Lincoln $2,510 35%  
5 Newport $2,484 46%  
6 Cumberland $2,286 32%  
7 Middletown $2,286 39%  
8 North Kingstown $2,251 32%  
9 Wakefield $2,235 34%  
10 Tiverton $2,192 35%  

*Household Bill Pay Expense averages shown above reflect the ten most common bills paid, including housing (rent/mortgage).

Woonsocket is the most affordable Rhode Island city for household bills

Out of 25 cities and towns, Woonsocket is the most affordable place in Rhode Island, with residents paying $1,884 on average for household bills. Household bills account for 57% of local income in Piedmont.

Coventry comes in at the second most affordable town or city in Rhode Island, with residents paying $1,911 per month on average.

Also on the list of 10 least expensive cities in Rhode Island are North Providence ($2,020 per month), Narragansett ($2,027 per month), and Riverside ($2,057 per month).

10 Most Affordable Rhode Island Cities for Household Bills

(16-25 out of 25)
City Monthly Bill Expenses Per Household Percent of Household Income Used for Bills
16 West Warwick $2,106 47%
17 Providence $2,096 53%
18 Westerly $2,088 39%
19 Central Falls $2,068 78%
20 East Providence $2,062 48%
21 Riverside $2,057 40%
22 Narragansett $2,027 32%
23 North Providence $2,020 42%
24 Coventry $1,911 33%
25 Woonsocket $1,884 57%

In the wake of the rise of remote work, some individuals may be deciding whether to move from a more expensive city to a less expensive one. doxoINSIGHTS can be a valuable resource for consumers seeking to make key decisions like this, allowing them to compare Rhode Island’s household expenses against average bills in different cities and states across the country. They can also usedoxoINSIGHTS’ regional bill comparison database to compare average costs for over 900 towns and cities across the country.

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