Quick answer
🟡 Yes, but tightly. A data analyst in Providence earns roughly $114,589/yr (~$6,288/mo take-home) and a 1BR costs $1,650/mo — that's 26% of take-home on rent. The standard is 30% or less.
RI · 2026
Can a Data Analyst Afford to Live in Providence?
Using local salary estimates and Providence's actual cost of living — rent, taxes, utilities, and groceries — here's the real monthly picture for a data analyst in Providence, RI in 2026.
Monthly Budget Breakdown
Gross monthly salary
$114,589/yr local estimate
$9,549
Taxes (federal + state + FICA)
5.99% (top) state income tax
-$3,261
Monthly take-home
After all taxes
$6,288
1BR rent
26% of take-home
-$1,650
Utilities
Electric, gas, internet avg
-$180
Groceries
Single-person estimate
-$400
Transport
Car or transit average
-$350
Left for everything else
Dining, clothing, fun, savings
$3,708
At a 40% savings rate on discretionary income, a data analyst in Providence could save roughly $17,796/year after covering all essentials.
What Does 26% Rent Burden Mean?
The standard rule of thumb is to spend no more than 30% of gross income on rent. At 26% of take-home pay, a data analyst in Providence is near the limit. Livable, but there's little buffer for emergencies or lifestyle upgrades.
These numbers use a local salary estimate of $114,589/yr — adjusted from the national Data Analyst median of $103,500/yr based on Providence's cost of living index. Actual salaries vary by employer, experience, and specialization.
Best Neighborhoods in Providence for a Data Analyst
Based on walkability, rent levels, and quality of life — not just lowest price.
East Side
Wealthy, Victorian homes, Brown-adjacent, tree-lined. 1BR $1,850–$2,200.
Federal Hill
Little Italy, authentic Italian restaurants, historic. 1BR $1,550–$1,800.
Fox Point
Bohemian, artists, young professionals, eclectic. 1BR $1,600–$1,900.
Frequently Asked Questions
What is the average salary for a Data Analyst in Providence?
A Data Analyst in Providence earns approximately $114,589 per year, based on the national BLS median of $103,500/yr adjusted for Providence's cost of living. Actual pay varies by employer, experience, and specialization.
Is Providence affordable for a data analyst in 2026?
Manageable. Rent takes 26% of take-home, which is right at the limit. A data analyst can make it work but should keep other expenses lean.
How much take-home pay does a Data Analyst get in Providence?
After federal taxes, 5.99% (top) state income tax, and FICA, a Data Analyst earning $114,589/yr takes home roughly $6,288/month in Providence.
What is the rent-to-income ratio for a Data Analyst in Providence?
A 1-bedroom apartment in Providence costs a median of $1,650/month. On a Data Analyst salary, that's 26% of monthly take-home pay. Financial experts recommend keeping this below 30%.