This article looks at the 5 best places to retire in Rhode Island. If you wish to see our analysis of retirement concerns for Gen Zs & Millennials and pros and cons of retirement in Rhode Island, you may go to 15 Best Places to Retire in Rhode Island.
5. Pawtucket
Insider Monkey Score: 13.56
IM Livability: 70
Median Home Price: $372,500
IM Cost of Living: 106.9
Pawtucket is a historic industrial hub which has transformed into one of the best places to live in New England. Median home prices in the city are cheaper than the state and national average, even though it offers access to some of the best activities for retirees to enrich their golden years with. Pawtucket is home to several breweries, museums, and art galleries, demonstrating the town’s rich cultural heritage. Moreover, Slater Park is one of the best places in Rhode Island for a family picnic.
4. North Providence
Insider Monkey Score: 15.38
IM Livability: 73
Median Home Price: $360,000
IM Cost of Living: 108.4
Located in the Northwest of Providence, North Providence is one of the most affordable places to retire in Rhode Island. Its median home price is not only lower than Providence, but the lowest of all the places on our list. It offers a mix of rural and urban amenities, with access to larger cities such as Providence, Lincoln, and Smithfield. It is also home to Rhode Island College, owing to which the town has a youthful energy.
3. Warwick
Insider Monkey Score: 16.28
IM Livability: 75
Median Home Price: $395,000
IM Cost of Living: 106.5
Warwick is one of the largest cities in Rhode Island, which also happens to boast a comprehensive mix of culture, history, and nature. Apart from waterfront recreation, it is also home to the Rocky Point State Park and the Goddard Memorial State Park. Meanwhile, the Warwick Museum of Art offers a view into the history of Rhode Island, dating back to the colonial era.
2. Providence
Insider Monkey Score: 16.28
IM Livability: 78
Median Home Price: $470,000
IM Cost of Living: 112.4
The state capital, Providence, is one of the best places to retire in Rhode Island. It is home to the Rhode Island Hospital, the largest healthcare center in the state, making access to healthcare facilities extremely convenient. It also offers plenty of retirement communities and has the second highest livability score on our list.
1. Cranston
Insider Monkey Score: 18.25
IM Livability: 79
Median Home Price: $417,500
IM Cost of Living: 108.4
Just a few miles south of Providence lies the city of Cranston. It is known for hosting two spectacular festivals in Cranston, Greek Festival and St. Mary’s Feast that draw audiences from all over the region. Moreover, Cranston has the highest livability score on our list and offers a variety of waterfront and recreational excursions throughout the year, making it the best place to retire in Rhode Island.
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