CostIndexUSA

Mount Vernon, WA vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Mount Vernon
102.4
overall index
$2,125/mo rent
More AffordableRI
Providence
101.8
overall index
$2,075/mo rent

Providence is slightly cheaper than Mount Vernon — 0.6% lower overall cost of living.

To match an $80,000 salary in Mount Vernon, you would need $79,500 in Providence. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing4.0%
Mount Vernon
108.2
Providence
103.9
🛒 Groceries7.5%
Mount Vernon
105
Providence
97.1
🚗 Transportation+2.9%
Mount Vernon
104.4
Providence
107.4
🏥 Healthcare+2.9%
Mount Vernon
94.5
Providence
97.2
Utilities+55.0%
Mount Vernon
96
Providence
148.8

Salary Equivalency Calculator

Enter your current salary in Mount Vernon to see what you'd need to earn in Providence to maintain the same purchasing power.

$
Equivalent salary in Providence, RI
$79,500
$500 less needed in Providence

Formula: salary × (101.8 ÷ 102.4) = salary × 0.9941. Based on BEA Regional Price Parities.

Housing Market

Mount Vernon, WA

Median Home Price
$567,000
Median Monthly Rent
$2,125
Housing Index
108.2
Price-to-Rent Ratio
22.2×

Providence, RI

Median Home Price
$501,000
Median Monthly Rent
$2,075
Housing Index
103.9
Price-to-Rent Ratio
20.1×

Mount Vernon has 4.0% lower housing costs compared to Providence.

Income & Job Market

Mount Vernon, WA

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
4.4%
Population
36,727
Top Industries
AgricultureHealthcareManufacturingRetailTourism

Providence, RI

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
4.7%
Population
190,934
Top Industries
HealthcareEducationFinanceManufacturingTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Mount Vernon, WA
3.6×income-to-rent ratio

72% of income left after rent (median)

Providence, RI
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.