Salary Overview for Rhode Island
The median individual income in Rhode Island is $38,600 per year, while the mean (average) individual income is $50,890. The median household income is $78,017.
Cost of Living Adjusted Salary
Rhode Island's cost of living index is 107 (national average = 100). This means the median salary of $38,600 in Rhode Island has the purchasing power of approximately $36,075 at the national average cost of living. Rhode Island is roughly in line with the national average cost of living.
Minimum Wage in Rhode Island
The current minimum wage in Rhode Island is $15.00/hour, which equals approximately $31,200 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Rhode Island minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Rhode Island
- Lifespan
- CVS Health
- Brown University
Major Industries in Rhode Island
- Healthcare
- Defense
- Education
Tax Rates in Rhode Island
See the full tax breakdown including income tax, sales tax, property tax, and more on our Rhode Island tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Rhode Island after federal and state taxes.