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Colorado vs Rhode Island Cost of Living

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vs

Purchasing power

Your $75,000 is worth different amounts in each state

$72,745

in Colorado

$67,751

in Rhode Island

Colorado
Rhode Island

Each cell = 1% of purchasing power. Green = value, red = gap.

Spending breakdown

Estimated annual spending on a $75,000 salary

Housing: $26,928 (35.9%)Groceries: $9,867 (13.2%)Utilities: $4,641 (6.2%)Transportation: $11,700 (15.6%)Healthcare: $6,378 (8.5%)Dining & Misc: $7,785 (10.4%)Savings: $9,750 (13.0%)Colorado$72,745Colorado
Housing: $28,487 (38.0%)Groceries: $9,887 (13.2%)Utilities: $6,909 (9.2%)Transportation: $11,964 (16.0%)Healthcare: $6,048 (8.1%)Dining & Misc: $8,250 (11.0%)Savings: $9,750 (13.0%)Rhode Island$67,751Rhode Island
Housing
Groceries
Utilities
Transportation
Healthcare
Dining & Misc
Savings
Discretionary

What things actually cost

Real dollar costs side by side

Housing
Median home$530,000vs$440,000
Colorado
20% more
Rhode Island
Avg 2BR rent$1,523/movs$1,611/mo
Colorado
Rhode Island
6% more
Groceries
Index
Colorado
Rhode Island
Transportation
Regular gas$3.53/galvs$3.40/gal
Colorado
4% more
Rhode Island
Utilities
Electric bill$107/movs$214/mo
Colorado
Rhode Island
100% more
Healthcare
Index
Colorado
5% more
Rhode Island
Childcare
Infant childcare$21,840/yrvs$16,758/yr
Colorado
30% more
Rhode Island

Category breakdown

Category Colorado Rhode Island Difference
Housing 108.8 115.1 -5%
Groceries 101.2 101.4 0%
Utilities 88.4 131.6 -33%
Transportation 97.5 99.7 -2%
Healthcare 106.3 100.8 +5%
Dining & Misc 103.8 110.0 -6%
Overall 103.1 110.7 -7%

Index values relative to national average (100). Positive difference = more expensive in Colorado.

What things actually cost

Item Colorado Rhode Island Difference
Median home price $530,000 $440,000 +$90,000
Average 2BR rent $1,523/mo $1,611/mo $88
Gas price $3.53/gal $3.40/gal +$0.13
Electric bill $107/mo $214/mo $107
Infant childcare $21,840/yr $16,758/yr +$5,082

Salary equivalent: Colorado → Rhode Island

What a Colorado salary buys you in Rhode Island, adjusted for cost of living.

Salary in Colorado Equivalent in Rhode Island Difference
$50,000 $53,686 $-3,686
$75,000 $80,529 $-5,529
$100,000 $107,371 $-7,371
$150,000 $161,057 $-11,057
$200,000 $214,743 $-14,743

Positive = your money goes further in Rhode Island. Based on overall COL index ratio.

Based on MERIC/C2ER 2025 composite indices. Dollar amounts from AAA, EIA, Zillow, and Child Care Aware.

Overview

Rhode Island is 7% more expensive than Colorado overall. Rhode Island has an index of 110.7 vs 103.1 for Colorado (national average = 100).

FAQ

Is it cheaper to live in Colorado or Rhode Island?

Colorado is cheaper to live in. Rhode Island is 7% more expensive overall. The biggest driver is housing — median home prices are $530,000 in Colorado vs $440,000 in Rhode Island.

Is Colorado cheaper than Rhode Island?

Yes, Colorado is 7% cheaper than Rhode Island overall based on the MERIC/C2ER cost-of-living index. Housing, groceries, and utilities all factor into the difference.

Is Rhode Island more expensive than Colorado?

Yes, Rhode Island is 7% more expensive than Colorado based on the MERIC/C2ER composite index. Housing is typically the largest factor in the difference.

What salary in Rhode Island equals $100,000 in Colorado?

To maintain the same purchasing power as a $100,000 salary in Colorado, you would need approximately $107,371 in Rhode Island. This is based on the overall cost-of-living index (103.1 vs 110.7).

How do housing costs compare between Colorado and Rhode Island?

Housing is significantly cheaper in Rhode Island. Median home prices are $530,000 in Colorado vs $440,000 in Rhode Island — a $90,000 difference. Average 2-bedroom rent is $1,523/mo vs $1,611/mo.

What costs more in Colorado vs Rhode Island?

Utilities is 33% lower in Colorado (index 88.4 vs 131.6). Housing is 5% lower in Colorado (index 108.8 vs 115.1). Dining & Misc is 6% lower in Colorado (index 103.8 vs 110).

Is gas cheaper in Colorado or Rhode Island?

Gas averages $3.53/gallon in Colorado and $3.40/gallon in Rhode Island — a $0.13 difference per gallon.

Colorado vs Rhode Island cost of living — how do they compare?

Colorado has an overall cost-of-living index of 103.1 and Rhode Island has 110.7 (national average = 100). Rhode Island is 7% more expensive overall. Use the calculator above to see how this affects your specific salary.

How do taxes compare between Colorado and Rhode Island?

Cost of living is only part of the picture — state income taxes also affect your take-home pay. Use the Colorado vs Rhode Island paycheck comparison to see how a specific salary compares after federal and state taxes, FICA, and deductions.

Where does this cost of living data come from?

Cost-of-living indices are from the MERIC/C2ER 2025 Annual Average. Dollar amounts use AAA gas prices (March 2025), EIA electricity rates (2024), Child Care Aware childcare costs (2024), Zillow home values (2024-2025), and BEA Regional Price Parities.

Related tools

Based on MERIC/C2ER 2025 composite indices and publicly available price data. Cost of living varies significantly by metro area within a state. These are statewide averages.