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Boston, MA vs Providence, RI: Cost of Living

Compare the cost of living between Boston, MA and Providence, RI. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Boston, MA

MA

Overall RPP (US=100)
112
Housing RPP
150.3
Goods RPP
110.1
2-BR median rent
$2,827/mo

Massachusetts flat income tax 5.0%. No city income tax.

Providence, RI

RI

Overall RPP (US=100)
103.9
Housing RPP
98.8
Goods RPP
101.2
2-BR median rent
$1,693/mo

Rhode Island income tax 3.75%-5.99%.

Equivalent salary

Providence, RI is cheaper than Boston, MA by about 7.2% (RPP 112 to 103.9).

$60,000 in Boston, MA

-> $55,661

in Providence, RI

$100,000 in Boston, MA

-> $92,768

in Providence, RI

$150,000 in Boston, MA

-> $139,152

in Providence, RI

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Boston, MA vs Providence, RI

IRS tax-return migration · 2021-2022

Boston, MA

Net people
−39,965
Net rank
#60 of 65
Top origin share
4%
Top destination share
5%

Largest source: Worcester County, MA. Largest destination: Worcester County, MA.

Providence, RI

Net people
−2,723
Net rank
#38 of 65
Top origin share
8%
Top destination share
5%

Largest source: Plymouth County, MA. Largest destination: Plymouth County, MA.

Rent delta: Providence, RI is $1,134/mo lower for HUD FY2024 2-BR FMR than Boston, MA. Housing RPP moves from 150.3 to 98.8.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Providence, RI cheaper or more expensive than Boston, MA?
Providence, RI (RPP 103.9) is cheaper than Boston, MA (RPP 112) by about 7.2%.
What salary do I need in Providence, RI if I earn $100,000 in Boston, MA?
You would need approximately $92,768 in Providence, RI to maintain the same purchasing power as $100,000 in Boston, MA. Formula: $100,000 x (103.9 / 112).
Which metro had stronger net migration, Boston, MA or Providence, RI?
For 2021-2022, Boston, MA had a net loss of 39,965 people, while Providence, RI had a net loss of 2,723 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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