CostIndexUSA

Lynchburg, VA vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableVA
Lynchburg
89.4
overall index
$1,300/mo rent
RI
Providence
101.8
overall index
$2,075/mo rent

Lynchburg is moderately cheaper than Providence — 13.9% lower overall cost of living.

To match an $80,000 salary in Lynchburg, you would need $91,100 in Providence. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+62.6%
Lynchburg
63.9
Providence
103.9
🛒 Groceries≈ Equal
Lynchburg
96.8
Providence
97.1
🚗 Transportation+3.8%
Lynchburg
103.5
Providence
107.4
🏥 Healthcare+3.7%
Lynchburg
93.7
Providence
97.2
Utilities+69.5%
Lynchburg
87.8
Providence
148.8

Salary Equivalency Calculator

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

$
Equivalent salary in Providence, RI
$91,100
$11,100 more needed in Providence

Formula: salary × (101.8 ÷ 89.4) = salary × 1.1387. Based on BEA Regional Price Parities.

Housing Market

Lynchburg, VA

Median Home Price
$277,000
Median Monthly Rent
$1,300
Housing Index
63.9
Price-to-Rent Ratio
17.8×

Providence, RI

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

Providence has 62.6% higher housing costs compared to Lynchburg.

Income & Job Market

Lynchburg, VA

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
2.9%
Population
82,168
Top Industries
HealthcareEducationManufacturingRetailGovernment

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).

Lynchburg, VA
4.3×income-to-rent ratio

77% 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.