Cost of Living in Foster

Foster's cost of living is defined by genuinely elevated property taxes and a real, disclosed volatile housing-price picture this record does not smooth over.

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Property taxes run genuinely above the state average

Foster's cited $21.52-per-$1,000 nominal rate and a separately cited 2.08% ZIP-level effective rate both run above Rhode Island's own ~1.35% statewide average (base record).

A real, disclosed volatile housing picture

A cited $450,000-$470,000 median list-price range sits alongside a separately cited $515,000 single-month median sale price down 35.9% year-over-year -- a real, disclosed inconsistency (base record).

Rhode Island's real no-local-add-on sales tax

A flat 7% statewide sales tax applies with no city or county add-ons, per rhode-island.js (base record).

A genuinely above-average local median household income

Foster's median household income (~$93,333) runs above Rhode Island's own statewide figure (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.