CostIndexUSA

Providence, RI vs Tyler, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

RI
Providence
101.8
overall index
$2,075/mo rent
More AffordableTX
Tyler
92.2
overall index
$1,325/mo rent

Tyler is moderately cheaper than Providence — 9.4% lower overall cost of living.

To match an $80,000 salary in Providence, you would need $72,500 in Tyler. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.1%
Providence
103.9
Tyler
79.9
🛒 Groceries3.4%
Providence
97.1
Tyler
93.8
🚗 Transportation5.9%
Providence
107.4
Tyler
101.1
🏥 Healthcare6.0%
Providence
97.2
Tyler
91.4
Utilities44.3%
Providence
148.8
Tyler
82.9

Salary Equivalency Calculator

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

$
Equivalent salary in Tyler, TX
$72,500
$7,500 less needed in Tyler

Formula: salary × (92.2 ÷ 101.8) = salary × 0.9057. 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×

Tyler, TX

Median Home Price
$262,000
Median Monthly Rent
$1,325
Housing Index
79.9
Price-to-Rent Ratio
16.5×

Providence has 23.1% lower housing costs compared to Tyler.

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

Tyler, TX

Median Household Income
$72,300
Per Capita Income
$41,200
Unemployment Rate
3.5%
Population
104,798
Top Industries
HealthcareEnergyManufacturingRetailEducation

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)

Tyler, TX
4.5×income-to-rent ratio

78% 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.