Cost of LivingUpdated 2026-11-11

Cranston, Rhode Island

Living in Cranston, Rhode Island is about 12% more expensive than the national average, with a cost of living index of 112 (US = 100). Typical rent is $2,166 a month, 12% above the national figure of $1,932, and regular gas costs $3.98 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 52% of the area's $78,204 median household income.

Statesโ€บRhode Islandโ€บCranston

Key Numbers

Gas (Regular)

$3.98

National: $3.98

โ†‘ 214.0%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$2,166

National: $1,932

โ†‘ 35.3%since 2021
โœ“ Zillow ZORI Providence, RI metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$16.13

Combo meal

โ†‘ 3.6%YoY

Electricity

28.18ยข

per kWh ยท ~$254/mo

โ†‘ 52.8%vs US avg
โœ“ EIA Residential

Car Insurance

$198/mo

$2,380/yr

โ†‘ 10.7%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$78,204

52.4% goes to essentials

โ†“ 52.4%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $2,380 in Cranston. Compare rates:

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Find Apartments

Avg rent $2,166/mo in Cranston. Browse listings:

Browse listings โ†’Verified listings

Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

+91.3%

Butter (lb)

$3.98 BLS avg

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

+161.3%

Orange Juice (64 oz)

Citrus shortage

$5.64 estimate

+43.1% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

+152.6%

Apples (3 lb)

$5.41 estimate

+17.1% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$8.32 estimate

+38.9% since 2022

Yogurt (32 oz)

$5.29 estimate

+16.8% since 2022

Cereal (family size)

$6.89 estimate

+37.0% since 2022

Frozen Pizza

$9.38 estimate

+47.3% since 2022

Dining & Restaurants

Fast Food Meal

$16.13

Casual Dining

$32.26

Monthly Spend

$515.68

+3.56% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $10.00

$16.13

+61.3%

Wendy's

2022: $11.29

$17.42

+54.3%

Chipotle

2022: $12.10

$18.07

+49.3%

Starbucks

2022: $5.76

$8.00

+38.9%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Cranston?

Average 1BR: $1,776/mo ยท 2BR: $2,556/mo

Browse Cranston Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

288k

Median Weekly Pay

$1,324

$69k/yr

Top Sector

Education & Health Services

Household vs Worker Pay

$78k

household median

Employment by Sector โ€” Cranston

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Education & Health Services
+3.5% 5yr$1,238/wk
25.3%

~$64k/yr

Professional & Business Services
-3.0% 5yr$1,740/wk
14.5%

~$90k/yr

Trade, Transportation & Utilities
-1.4% 5yr$1,044/wk
13.8%

~$54k/yr

Leisure & Hospitality
+1.5% 5yr$580/wk
10.7%

~$30k/yr

Financial Activities
-5.8% 5yr$2,088/wk
7.4%

~$109k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 44007

Highest Paying Sector

Financial Activities

$2,088/wk ยท $109k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$580/wk ยท $30k/yr

Cranston Cost of Living FAQ

Is Cranston, RI expensive to live in?

Cranston has a cost of living index of 112, where 100 is the US average, so it is about 12% more expensive than average. It is the most affordable of the 2 Rhode Island cities we track.

What is the average rent in Cranston, RI?

Typical rent in Cranston is $2,166 a month for all home types as of September 2026, 12% above the national figure of $1,932. One bedroom units average about $1,776 and two bedrooms about $2,556. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Cranston?

Rent in Cranston rose 4.2% over the past year, faster than the 2.7% change nationally.

How much is gas in Cranston?

Regular unleaded costs about $3.98 a gallon in Cranston as of November 11, 2026, based on the AAA average for Rhode Island. That is about the same as the national average of $3.98.

How much is electricity in Cranston?

Homes in Rhode Island pay an average of 28.2 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Cranston is about $254.

How much is car insurance in Cranston?

Full coverage car insurance averages $2,380 a year in Rhode Island, or about $198 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Cranston?

Median household income in the Cranston area is $78,204 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $40,967 a year, or 52% of that income. Groceries are counted at $7,165 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Cranston compare with the rest of Rhode Island?

Rent in Cranston is about the same as the $2,166 average across the 2 Rhode Island cities we track, and its cost of living index of 112 compares with a state average of 115.

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