CostIndexUSA

Asheville, NC vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Asheville
96.5
overall index
$1,750/mo rent
RI
Providence
101.8
overall index
$2,075/mo rent

Asheville is moderately cheaper than Providence — 5.5% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $84,400 in Providence. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+11.2%
Asheville
93.4
Providence
103.9
🛒 Groceries≈ Equal
Asheville
96.6
Providence
97.1
🚗 Transportation+4.2%
Asheville
103.1
Providence
107.4
🏥 Healthcare+4.2%
Asheville
93.3
Providence
97.2
Utilities+67.9%
Asheville
88.6
Providence
148.8

Salary Equivalency Calculator

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

$
Equivalent salary in Providence, RI
$84,400
$4,400 more needed in Providence

Formula: salary × (101.8 ÷ 96.5) = salary × 1.0549. Based on BEA Regional Price Parities.

Housing Market

Asheville, NC

Median Home Price
$413,000
Median Monthly Rent
$1,750
Housing Index
93.4
Price-to-Rent Ratio
19.7×

Providence, RI

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

Providence has 11.2% higher housing costs compared to Asheville.

Income & Job Market

Asheville, NC

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3.1%
Population
92,452
Top Industries
TourismHealthcareTechnologyArtsManufacturing

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).

Asheville, NC
3.2×income-to-rent ratio

69% 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.