States › Rhode Island › Tiverton

Is Tiverton, RI expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,13222% higher than U.S. average
💵 Families earn per year (2026)$106,942about $8,912/month · 23% higher than U.S. average
🔑 House price$407,20022% higher than U.S. average

Rent is higher than in 74% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,280 a year. That is $41 an hour at a full-time job.

Is rent cheaper than other Rhode Island cities?

No. Rent here is more expensive than in most of Rhode Island. It is number 13 of 15 cities from cheapest to most expensive.

Tiverton
$2,132
Greenville
$1,395
Cumberland Hill
$1,445
Wakefield-Peace Dale
$1,373
Newport East
$2,518
Valley Falls
$1,474
Westerly
$1,608

How much do households earn in Tiverton?

Under $25k
6.3%
$25k–50k
10.8%
$50k–100k
42.0%
$100k–150k
26.7%
$150k+
12.7%

Share of households by yearly income. 39.4% of households earn $100,000 or more.

Rent by apartment size in Tiverton

SizeTivertonU.S. average
Studio$1,053$1,338
1 bedroom$1,394$1,324
2 bedrooms$1,970$1,509
3 bedrooms$1,500$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Tiverton overall?

Everyday prices in Rhode Island overall are 2% above the U.S. average (index 102.3, U.S. = 100).

Housing
106
Goods (food, clothes…)
97
Utilities
147
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Tiverton, so the Rhode Island figure is shown.

Taxes and bills in Tiverton

🏛️ Property tax$4,542a year · 1.12% of home value · U.S. $3,119
⚡ Electric bill$142a month (typical) · U.S. $156

Life in Tiverton

Commute to work26.2 minU.S.: 26.4 min
College degree40.2%U.S.: 35.7%
Own their home72.6%U.S.: 65.2%
Below poverty line4.4%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Tiverton?

Renting is cheaper right now: about $693 a month less.

Renting
$2,132
Owning
$2,825

Owning assumes a typical $407,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,720 for the down payment.

Frequently asked questions

What is the average rent in Tiverton, RI?

Renting in Tiverton costs a median of about $2,132 a month in 2026, including utilities. The Rhode Island median is $1,704.

How much do I need to make to live in Tiverton?

To keep rent under 30% of income, you need about $85,280 a year, or $41 an hour at a full-time job.

Is Tiverton cheap or expensive?

Tiverton is rated OK: rent takes 23.9% of the typical household income of $106,942. It ranks 13th cheapest of 15 Rhode Island cities we track.

How much are property taxes in Tiverton?

The median homeowner in Tiverton pays $4,542 a year in property taxes, about 1.12% of the median home value.

Is Tiverton more expensive than the national average?

Overall prices in Rhode Island are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Tiverton?

The median home value in Tiverton is $407,200, about 3.8 times the typical yearly household income.

8,091 people live in Tiverton. Numbers are typical (middle) values.