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Central Falls, RI

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
71
Very Affordable
Median Home Value
$300,500
National: $426,735
Median Rent
$1,118/mo
National: $1,527/mo
Household Income
$45,921
National: $84,532
Population
22,481
Purchasing Power
77
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
70 / 100
100 = national average
Rent Index
73 / 100
Overall Index
71
Very Affordable

Central Falls Mortgage Calculator

Pre-filled with the local median home value of $300,500 and Rhode Island's property tax rate of 1.53%.

Salary & Purchasing Power

Median household income is $45,921 46% below the national average.

What $45,921 in Central Falls Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$97,663+113%
Los Angeles, CA$109,952+139%
Philadelphia, PA$43,981-4%
San Antonio, TX$41,394-10%

Property Tax in Central Falls, RI

Est. Annual Property Tax
$4,598
Monthly Impact
$383
Added to your mortgage
Effective Rate
1.53%
National avg: ~1.00%

Rhode Island Tax Overview

Tax TypeRhode IslandNational Avg
Property Tax Rate1.53%1.00%
Top Income Tax Rate5.99%~5.0%
State Sales Tax7%~5.0%

Compare Central Falls to Another City

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Cost of Living Comparison

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Central Falls, RI
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Central Falls, RI: 70
Rent Prices
73
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR