Forbes pegs RI as one of the most expensive states to live in. Here's what is driving that ranking. - News Summed Up

Forbes pegs RI as one of the most expensive states to live in. Here's what is driving that ranking.


Median rent prices are based on old dataHow expensive is it to live in Rhode Island? This year has seen brutal rent increases for Rhode Island and Providence, based on data from the website Apartmentlist.com between 2017 and 2023. Rhode Island has a graduated income tax, starting at 3.75% on the first $73,450, then rising to 5.99%. How does Rhode Island stack up? For most metrics, Rhode Island was cheaper than Massachusetts, which has some of the highest house prices, rental costs, food costs and health care costs in the country.


Source: Forbes July 22, 2024 09:10 UTC



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