Is $53,000 a good salary in Rhode Island?

$53,000 in Rhode Island provides a monthly take-home of approximately $3,559 after taxes. Across major Rhode Island cities, this salary is rated comfortable, with an average monthly surplus of $1,116.

What is the cost of living on $53,000 in Rhode Island?

The average monthly living cost across major Rhode Island cities is approximately $2,443 for a single adult (rent, food, transport, utilities, healthcare). On $53,000 take-home pay of $3,559/month, you would have roughly $1,116/month remaining.

Living in Rhode Island · 2026

Is $53,000 enough to live in Rhode Island?

Single adult · RI · 2026 tax brackets · Real cost-of-living data

Statewide verdict:Comfortable

Monthly take-home

$3,559

Avg monthly expenses

$2,443

Avg monthly surplus

$1,116

Savings potential

~31%

After-tax take-home in Rhode Island

Gross salary$53,000

Federal income tax− $4,254

State income tax− $1,988

Social Security− $3,286

Medicare− $769

Annual take-home$42,703

Effective tax rate19.43%

How $53,000 feels in Rhode Island cities

Rent: HUD FMR 2026 · Food: USDA Low-Cost Plan × COL · Transport/Utilities/Healthcare: BLS CES × COL

Providence

COL index: 1.18× national avg

Comfortable

Rent (1BR)

$1,600

Food

$493

Transport

$207

Utilities

$195

Healthcare

$236

Total: $2,731/mo

Surplus: $828/mo

Rent burden: 45.0% — High (35–50%)

Full Providence analysis →

Cranston

COL index: 1.10× national avg

Comfortable

Rent (1BR)

$1,450

Food

$462

Transport

$193

Utilities

$182

Healthcare

$220

Total: $2,507/mo

Surplus: $1,052/mo

Rent burden: 40.7% — High (35–50%)

Full Cranston analysis →

Warwick

COL index: 1.08× national avg

Comfortable

Rent (1BR)

$1,400

Food

$462

Transport

$189

Utilities

$178

Healthcare

$216

Total: $2,445/mo

Surplus: $1,114/mo

Rent burden: 39.3% — High (35–50%)

Full Warwick analysis →

Pawtucket

COL index: 1.05× national avg

Comfortable

Rent (1BR)

$1,350

Food

$449

Transport

$184

Utilities

$173

Healthcare

$210

Total: $2,366/mo

Surplus: $1,193/mo

Rent burden: 37.9% — High (35–50%)

Full Pawtucket analysis →

East Providence

COL index: 1.08× national avg

Comfortable

Rent (1BR)

$1,400

Food

$462

Transport

$189

Utilities

$178

Healthcare

$216

Total: $2,445/mo

Surplus: $1,114/mo

Rent burden: 39.3% — High (35–50%)

Full East Providence analysis →

Woonsocket

COL index: 0.98× national avg

Comfortable

Rent (1BR)

$1,200

Food

$431

Transport

$172

Utilities

$162

Healthcare

$196

Total: $2,161/mo

Surplus: $1,398/mo

Rent burden: 33.7% — Manageable (25–35%)

Full Woonsocket analysis →

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $3,559 ($42,708/yr)

Needs 50%Wants 30%Savings 20%

Needs50%

$1,780

per month

›Rent / mortgage
›Groceries
›Utilities
›Insurance
›Minimum debt payments
›Transportation

Wants30%

$1,068

per month

›Dining out
›Streaming services
›Gym
›Hobbies
›Travel
›Shopping

Savings20%

$712

per month

›Emergency fund
›401(k) / IRA
›Investments
›Down payment fund
›Debt payoff (extra)

Needs / year

$21,354

Wants / year

$12,812

Savings / year

$8,542

Salary Intelligence

Below comfortable level in Providence

Rent would consume 45% of take-home income — above the 35% stress threshold. A higher salary or lower-cost housing is needed for financial stability in this city.

Lifestyle score: 5/10 (Fair)

Lifestyle Assessment

A $53,000 salary comfortably supports a fair single lifestyle in Providence, Rhode Island, with approximately $828/month (~23% of take-home) available for savings — meeting or exceeding the recommended 20% savings rate.

Purchasing Power

Providence's above-average cost of living (index: 1.18) means $53,000 provides the purchasing power of roughly $44,915 in an average-cost US city, or $53,000 in Austin. Moving to a lower-cost state could effectively increase your take-home by thousands.

State & National Benchmark

$53,000 is slightly above the Rhode Island individual median of $49,100 (+8%). The state household median is $82,834.

State individual median

$49,100

+8%

State household median

$82,834

-36%

Tax reduction strategies

Maximize 401(k) Contributions — Up to $5,170 in federal tax (22% bracket)

401(k) Age 50+ Catch-Up Contribution — Up to $2,775 additional tax savings (37% bracket)

$53,000 vs. Rhode Island income benchmarks

Individual median (Rhode Island)

$49,100

+8% vs. this salary

Household median (Rhode Island)

$82,834

-36% vs. this salary

Source: US Census Bureau ACS 2023

Related salary insights

Explore other salary levels in Rhode Island

$40,000 $60,000 $100,000 $150,000 $200,000 $300,000

Reviewed by

Finance Editor

CPA, 10+ years in personal finance

Data Sources

•Tax calculations: IRS federal tax tables
•Rent data: HUD Fair Market Rents
•Cost-of-living index: C2ER / ACCRA Cost of Living Index

Data updated monthly using government datasets.