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Is Rhode Island more expensive than Florida?

Published in Cost of Living 2 mins read

Yes, Rhode Island is significantly more expensive than Florida when comparing their overall cost of living.

Cost of Living: Rhode Island vs. Florida

When evaluating the cost of living, Rhode Island consistently ranks higher than Florida. This difference is reflected in how each state compares to the national average cost of living index. Rhode Island's cost of living is substantially above the national average, indicating that goods and services, including housing, are generally more expensive there. Conversely, Florida's cost of living, while slightly above the national average, is considerably lower than Rhode Island's.

This disparity means that your money tends to go farther in Florida compared to Rhode Island, allowing for greater purchasing power for everyday expenses.

Here's a breakdown of how each state's cost of living index compares to the national average:

State Cost of Living Index (Above National Average)
Rhode Island 19.39%
Florida 4.33%

As the table illustrates, Rhode Island's cost of living is nearly five times higher above the national average than Florida's. This significant difference makes Rhode Island a considerably more expensive place to live in comparison. For a broader understanding of cost of living metrics across different areas, you can explore resources like BestPlaces.net Cost of Living.