salaryWarwick is the 3rd-largest city in Rhode Island that we track, with 83,175 residents. Rent is higher than in 64% of U.S. cities. A typical house costs about 3.7 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $76,480 a year. That is $37 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 10 of 15 cities from cheapest to most expensive.
How much do households earn in Warwick?
Share of households by yearly income. 33.9% of households earn $100,000 or more.
Rent by apartment size in Warwick
| Size | Warwick | U.S. average |
|---|---|---|
| Studio | $952 | $1,338 |
| 1 bedroom | $1,182 | $1,324 |
| 2 bedrooms | $1,985 | $1,509 |
| 3 bedrooms | $1,920 | $1,698 |
| 4 bedrooms | $2,104 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Warwick overall?
Everyday prices in the Providence-Warwick metro area are 2% above the U.S. average (index 101.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Warwick
Life in Warwick
What jobs pay in Warwick
| Job | Median pay | Rent / pay |
|---|---|---|
| Physician Assistant | $139,930 | 16.4% |
| Nurse Practitioner | $135,520 | 16.9% |
| Lawyer | $133,000 | 17.3% |
| Pharmacist | $130,840 | 17.5% |
| Software Developer | $130,690 | 17.6% |
| Computer Systems Analyst | $128,580 | 17.8% |
| Operations Manager | $110,360 | 20.8% |
| Registered Nurse | $99,880 | 23.0% |
| Civil Engineer | $99,310 | 23.1% |
| Accountant | $95,020 | 24.1% |
| Dental Hygienist | $89,310 | 25.7% |
| Elementary School Teacher | $86,720 | 26.5% |
| Market Research Analyst | $83,960 | 27.3% |
| Plumber | $79,820 | 28.7% |
| Licensed Practical Nurse | $78,990 | 29.0% |
| Police Officer | $76,850 | 29.9% |
| Electrician | $73,980 | 31.0% |
| HVAC Technician | $67,380 | 34.1% |
| Firefighter | $66,150 | 34.7% |
| Carpenter | $61,910 | 37.1% |
| Truck Driver | $60,610 | 37.9% |
| Customer Service Representative | $47,170 | 48.6% |
| Medical Assistant | $47,020 | 48.8% |
| Nursing Assistant | $46,330 | 49.5% |
| Warehouse Worker | $40,370 | 56.8% |
| Restaurant Cook | $37,460 | 61.2% |
| Server (Waiter/Waitress) | $35,750 | 64.2% |
| Retail Salesperson | $35,230 | 65.1% |
| Cashier | $34,540 | 66.4% |
Is it cheaper to rent or buy in Warwick?
Renting is cheaper right now: about $548 a month less.
Owning assumes a typical $354,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,460 for the down payment.
Frequently asked questions
What is the average rent in Warwick, RI?
Renting in Warwick costs a median of about $1,912 a month in 2026, including utilities. The Rhode Island median is $1,704.
How much do I need to make to live in Warwick?
To keep rent under 30% of income, you need about $76,480 a year, or $37 an hour at a full-time job.
Is Warwick cheap or expensive?
Warwick is rated OK: rent takes 24.0% of the typical household income of $95,672. It ranks 10th cheapest of 15 Rhode Island cities we track.
How much are property taxes in Warwick?
The median homeowner in Warwick pays $4,616 a year in property taxes, about 1.30% of the median home value.
Is Warwick more expensive than the national average?
Overall prices in the metro area are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Warwick?
The median home value in Warwick is $354,600, about 3.7 times the typical yearly household income.
83,175 people live in Warwick. Numbers are typical (middle) values.