Is New Haven, CT cheaper than Providence, RI?

Based on cost of living data, New Haven, CT is 14.4% cheaper than Providence, RI. This translates to saving $1081 per month.

What salary do I need in New Haven, CT to live like I do in Providence, RI?

If you earn $150,000 in Providence, RI, you'd need approximately $137,031.206 in New Haven, CT to maintain the same standard of living.

How does housing cost compare between Providence, RI and New Haven, CT?

Housing in New Haven, CT is 10.1% more expensive than in Providence, RI. For a two-bedroom apartment, rent is $1,193/month in New Haven, CT compared to $1,803/month in Providence, RI.

How much can I save per month by moving from Providence, RI to New Haven, CT?

Moving from Providence, RI to New Haven, CT could save you approximately $1081 per month, or $12969 per year, based on a $150,000 salary.

Providence, RI vs New Haven, CT: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Providence, RI

Numbers update automatically as you type

You'd save $1.1K/month moving to New Haven, CT

$150.0K in your current city equals $137.0K in New Haven, CT

Rent data from HUD ZIP-level estimates · COL index from Providence-Warwick, RI-MA area

Overall Cost

↓ 14.4%

Less expensive

Monthly Impact

$1,081

Savings

Annual Impact

$13.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Providence, RI

Population:191K

Cost Index:

100

100 = national average

Median Home:$430K

New Haven, CT

Population:135K

Cost Index:

(14% below avg)

Median Home:$353K

Providence, RI

The Ocean State

191K

Population

State Tax

Yes

Located in Rhode Island, this city has a population of 191K residents.

New Haven, CT

The Constitution State

135K

Population

State Tax

Yes

Located in Connecticut, this city has a population of 135K residents.

Cost Breakdown by Category

Annual spending: Providence, RI vs New Haven, CT

Category	Providence, RI	New Haven, CT	Difference	Change
Transportation	$1,659/mo	$1,103/mo	↓ $557less	33.6%
Housing	$4,304/mo	$4,737/mo	↑ $433more	10.1%
Other	$1,654/mo	$1,400/mo	↓ $254less	15.4%
All Utilities	$682/mo	$498/mo	↓ $184less	27.0%
Healthcare	$708/mo	$571/mo	↓ $137less	19.4%
Groceries	$1,028/mo	$967/mo	↓ $60.99less	5.9%

Transportation

↓ 33.6%

Providence, RI

$1,659

New Haven, CT

$1,103

Difference

$557

less

Housing

↑ 10.1%

Providence, RI

$4,304

New Haven, CT

$4,737

Difference

$433

Other

↓ 15.4%

Providence, RI

$1,654

New Haven, CT

$1,400

Difference

$254

less

All Utilities

↓ 27.0%

Providence, RI

$682

New Haven, CT

$498

Difference

$184

less

Healthcare

↓ 19.4%

Providence, RI

$708

New Haven, CT

$571

Difference

$137

less

Groceries

↓ 5.9%

Providence, RI

$1,028

New Haven, CT

$967

Difference

$60.99

less

🏠Rent Comparison

Studio

From$1,372

To$831

↓ $541

1 Bed

From$1,464

To$965

↓ $499

2 Bed

From$1,803

To$1,193

↓ $610

3 Bed

From$2,181

To$1,474

↓ $707

Providence, RIZIP-level data

1BR range: $1,400–$1,970/mo

New Haven, CTZIP-level data

1BR range: $1,520–$2,100/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$10,035

Monthly in Providence, RI

$9,274

Monthly in New Haven, CT

$761

Difference

Home Values

Providence

New Haven

$430K

Median Value

$353K

↑ +2%

YoY Change

↑ +3.5%

↑ +49.5%

5-Year Change

↑ +43.5%

$403K - $769K

Price Range

$286K - $385K

Homes in New Haven are 18% less expensive than Providence

Calculate payment - Providence Calculate payment - New Haven

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $1.6K

More taxes

Monthly Difference

$134

Less take-home

Effective Rate Diff

1.1%

Rate difference

Providence, RI

Federal Income Tax

Effective: 18.9%

$25.5K

Rhode Island State Tax

Effective: 4.3%

$6.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.0%

$43.5K

Take-Home Pay

$8,879/month

$106.5K

New Haven, CT

Federal Income Tax

Effective: 18.9%

$25.5K

Connecticut State Tax

Effective: 5.4%

$8.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.0%

$45.1K

Take-Home Pay

$8,745/month

$104.9K

Additional Tax Information

Providence, RI Tax Rates

Sales Tax:7.0%

Property Tax:1.4%

New Haven, CT Tax Rates

Sales Tax:6.3%

Property Tax:2.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.