Moving from New York to Providence (2026)

Providence has a COL index of 108 vs 187 for New York (100 = US average). You'd pay about 42% less for the same lifestyle.

Save ~$1,787/mo
on core expenses · $75K salary baseline

Key differences

COL index
187108
100 = US avg
1BR rent
$3,500$1,800
per month
State tax
6.9%6%
income tax
Take-home at $75K
$4,309$4,366
per month

Salary needed in Providence to match your New York lifestyle

Based on the 42% cost of living decrease between the two cities.

Your salary in New YorkEquivalent in Providence
$40K$23,102
$50K$28,877
$60K$34,652
$75K$43,316
$80K$46,203
$100K$57,754
$120K$69,305
$150K$86,631

Monthly budget at $75K — New York vs Providence

ExpenseNew YorkProvidence
Monthly take-home$4,309$4,366
1BR rent$3,500$1,800
Groceries$437$399
Transport$132$75
Utilities$180$195
Internet$75$68
Left after essentials$-15$1,829

Frequently asked questions

Is Providence cheaper than New York?

Yes. Providence has a cost of living index of 108 vs 187 for New York (100 = US average). That's about 42% cheaper.

How much will I save moving from New York to Providence?

On a $75K salary, moving from New York to Providence could save roughly $1,787/month on core expenses. That's ~$21,444/year.

What salary do I need in Providence to match my New York lifestyle?

To maintain the same purchasing power as $75,000 in New York, you'd need roughly $43,316/year in Providence. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only