Is Providence, RI a Good Place to Live?
A comprehensive 2025 guide to living in Providence, RI – housing costs, jobs, schools, and quality of life.
Providence at a Glance
Population
20,495
Avg Home Price
$195,980
Avg Income
$44,430
Cost of Living
96
US Avg = 100
Pros & Cons of Living in Providence
Pros
- ✓Affordable housing market
- ✓Reasonable cost of living
- ✓Access to local jobs and services
Cons
- ⚠Varies significantly by ZIP code
Housing Market in Providence
The housing market in Providence, RI features an average home price of approximately $195,980. This affordable pricing makes it attractive for first-time buyers and young families.
Housing options range from urban apartments to suburban single-family homes, with significant variation across different ZIP codes within the city.
Jobs & Economy
Providence offers employment opportunities across various sectors. The average household income of $44,430 reflects a diverse economic landscape.
Average commute times are approximately 25 minutes, which is comparable to the national average.
Schools & Education
Providence is served by multiple school districts with varying ratings. Families should research individual schools within their target ZIP codes to find the best fit.
Providence provides community-focused educational opportunities with smaller class sizes.
The Bottom Line
Providence, RI can be an excellent place to live for the right person. With a population of 20,495 and average home prices around $195,980, it offers affordable living options.
The best way to determine if Providence is right for you is to explore specific neighborhoods and ZIP codes, considering factors like commute, schools, and lifestyle preferences. Each area within the city has its own character and advantages.