CostIndexUSA

Providence, RI vs Tallahassee, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

RI
Providence
101.8
overall index
$2,075/mo rent
More AffordableFL
Tallahassee
93.9
overall index
$1,475/mo rent

Tallahassee is moderately cheaper than Providence — 7.8% lower overall cost of living.

To match an $80,000 salary in Providence, you would need $73,800 in Tallahassee. Calculate your salary ↓

Category Breakdown

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

🏠 Housing24.4%
Providence
103.9
Tallahassee
78.5
🛒 Groceries0.9%
Providence
97.1
Tallahassee
96.2
🚗 Transportation3.4%
Providence
107.4
Tallahassee
103.8
🏥 Healthcare3.4%
Providence
97.2
Tallahassee
93.9
Utilities41.2%
Providence
148.8
Tallahassee
87.5

Salary Equivalency Calculator

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

$
Equivalent salary in Tallahassee, FL
$73,800
$6,200 less needed in Tallahassee

Formula: salary × (93.9 ÷ 101.8) = salary × 0.9224. Based on BEA Regional Price Parities.

Housing Market

Providence, RI

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

Tallahassee, FL

Median Home Price
$273,000
Median Monthly Rent
$1,475
Housing Index
78.5
Price-to-Rent Ratio
15.4×

Providence has 24.4% lower housing costs compared to Tallahassee.

Income & Job Market

Providence, RI

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

Tallahassee, FL

Median Household Income
$64,000
Per Capita Income
$36,500
Unemployment Rate
5.8%
Population
196,169
Top Industries
GovernmentEducationHealthcareRetailFinance

Affordability at a Glance

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

Providence, RI
3.3×income-to-rent ratio

70% of income left after rent (median)

Tallahassee, FL
3.6×income-to-rent ratio

72% 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.