Cost of Living in Narragansett
Narragansett's cost of living runs genuinely elevated, driven by luxury-tier housing costs, even as property taxes run genuinely favorable.
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Learn moreGenuinely luxury-tier housing costs
Median list prices ran $1.18M-$1.35M and a median sold price ran $1,050,000 (April 2026) -- well above even Rhode Island's own $702,000 South County anchor figure.
A genuinely favorable property tax rate
Narragansett's $7.04/$1,000 assessed-value rate runs among the lowest in Rhode Island, below both national and statewide averages.
Rhode Island's statewide tax structure applies
A flat 7% sales tax (no local add-on) and a graduated income tax topping out at 5.99% apply statewide.
Key takeaways
- Narragansett's housing costs run genuinely luxury-tier, well above Rhode Island's own South County figures.
- Narragansett's property tax rate runs among the lowest in Rhode Island.
- Rhode Island's statewide 7% sales tax and up-to-5.99% income tax apply with no local relief.
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