Cost of LivingUpdated 2026-03-23

Providence, Rhode Island

In Providence, Rhode Island, a gallon of regular gas costs $3.77 as of 2026-03-23 — $0.32 above the national average of $3.45. The average monthly rent for all unit types is $2,565.97, compared to the national average of $1,900. Grocery inflation is running at 2.6% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Providence's cost-of-living index of 118 puts it above the national average of 100.

Key Numbers

Gas (Regular)

$3.77

National: $3.45

151.5%vs. 2022

Avg Rent (All)

$2,565.97

National: $1,900

87.3%vs. 2022

Grocery Inflation

2.6%

Year-over-year

Fast Food Avg

$17.17

Combo meal

4.9%YoY

Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.89$2.25$2.94$4.35$2.39+26.5%
Milk (gallon)$3.90$4.13$4.01$4.13$4.17+6.9%
Ground Beef (lb)$4.28$5.31$5.58$5.98$6.16+43.9%
Bread (loaf)$2.29$3.15$3.40$3.64$3.71+62.0%
Chicken Breast (lb)$3.88$4.20$4.33$4.42$4.42+13.9%
Butter (lb)$4.41$4.99$5.13$5.23$5.33+20.9%
Bacon (lb)$7.04$7.45$7.82$8.13$8.46+20.2%
Cheddar Cheese (lb)$5.97$6.50$6.69$6.82$7.03+17.8%
Pasta (lb)$1.62$2.00$2.08$2.10$2.10+29.6%
Rice (5 lb)$4.68$5.33$5.54$5.54$5.59+19.4%
Coffee (12 oz)$9.11$10.82$11.80$12.51$12.89+41.5%
Orange Juice (64 oz)Citrus shortage$4.24$4.90$5.34$5.60$5.77+36.1%
Potatoes (5 lb)$4.33$4.64$4.78$4.92$5.07+17.1%
Apples (3 lb)$4.73$4.92$5.12$5.22$5.22+10.4%
Tomatoes (lb)$2.38$2.69$2.85$2.99$3.14+31.9%
Lettuce (head)$1.91$2.08$2.25$2.34$2.46+28.8%
Cooking Oil (48 oz)$6.01$7.51$8.11$8.43$8.60+43.1%
Yogurt (32 oz)$4.32$4.67$5.00$5.20$5.36+24.1%
Cereal (family size)$5.20$5.92$6.27$6.52$6.58+26.5%
Frozen Pizza$6.65$7.98$8.53$9.13$9.40+41.4%

Dining & Restaurants

Fast Food Meal

$17.17

Casual Dining

$36.46

Monthly Spend

$550.48

+4.86% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $10.65

$17.17

+61.2%

Wendy's

2022: $12.02

$18.54

+54.2%

Chipotle

2022: $12.88

$19.23

+49.3%

Starbucks

2022: $6.24

$8.67

+38.9%

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Average 1BR: $2,354.1/mo · 2BR: $2,984.2/mo

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