Salary Needed to Live in Providence as a Single
A single adult living independently needs approximately $22,374/year to live comfortably in Providence, RI — including 10% savings.
Comfortable Salary
$22,374
with 10% savings
Bare Minimum
$19,267
no savings buffer
Monthly Expenses
$1,156
5% above national avg
Detailed Monthly Budget for a Single in Providence
| Expense | Providence | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $138 | $113 | +22% |
| 🛒 Groceries | $21 | $17 | +24% |
| ⚡ Utilities | $14 | $14 | 0% |
| 🚗 Transportation | $27 | $26 | +4% |
| 🛡️ Car Insurance | $212 | $229 | -7% |
| 🏥 Health Insurance | $47 | $58 | -19% |
| Internet | $70 | $65 | +8% |
| Phone | $92 | $85 | +8% |
| Dining & Social | $324 | $300 | +8% |
| Entertainment | $130 | $120 | +8% |
| Personal Care | $81 | $75 | +8% |
| Total Monthly | $1,156 | $1,102 | +5% |
How We Calculated the Salary
Monthly expenses:$1,156
Target savings (10%):$149/mo
Monthly after-tax needed:$1,305
Effective tax rate:28%
Gross annual salary needed:$22,374
Other Household Types in Providence
Related Pages
FAQ
What salary does a single person need in Providence?
A single person needs approximately $22,374/year ($1,865/month gross) to live comfortably in Providence with a 10% savings rate.
How much is rent for a single person in Providence?
A studio/1br in Providence costs approximately $138/month, which is the largest single expense at 12% of the total budget.
Is Providence affordable for a single person?
Providence is roughly average for single person costs, requiring a salary close to the national median.