Photo: Juliancolton · Public domainEven on the area’s higher pay, Tiverton costs more to live in than 68% of U.S. towns
It ranks #2 of 38 in Rhode Island for affordability. Up 2.5% in a year, 8% above the Rhode Island typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Providence-Warwick, RI-MA metro area ($87K). How TownRatings grades cost of living
The grade measures what housing costs against what households in the area earn. Tiverton’s area earns well above the typical U.S. town ($87K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 20% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 31% of renters.
In dollars
- $551Ktypical home, 8% above the Rhode Island typical homeZillow, September 2026
- $1,980a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 102prices across the Providence metro, where the U.S. is 100 (housing 104)BEA Regional Price Parities, 2024
In paychecks the grade
- 4.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$87K, Providence-area income
- 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 31%of renters pay 30%+ of income for housing; across Rhode Island: 48%Census 2020–24
- 20%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Tiverton, in brief
Rent is easier on renters here
31% of renter households spend 30% or more of their income on rent, against 48% across Rhode Island. A standard two-bedroom is 22% of the median household income. Renting ↓
New renters pay more than renters already here
HUD puts a standard two-bedroom at about $1,980 a month with utilities, the going rate for someone moving in. Renters already in Tiverton pay a median of $1,247. Renting ↓
New building is almost all single-family houses
Of the 267 homes permitted in Tiverton’s past 10 years, 99% were single-family houses. New homes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; sales and supply are Redfin’s for May 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Tiverton’s grade
Measured against what households in the area earn, Tiverton is more affordable than 32% of U.S. towns, #2 of 38 in Rhode Island. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Prices here have kept pace with Rhode Island: up 33.8% in five years, against 34.0% statewide (Zillow).
Up 33.8% in five years
About the same pace as Rhode Island (34%).
Show as a table
| January | Tiverton | Rhode Island |
|---|---|---|
| 2017 | $279,000 | $259,000 |
| 2018 | $297,000 | $279,000 |
| 2019 | $320,000 | $293,000 |
| 2020 | $333,000 | $305,000 |
| 2021 | $371,000 | $341,000 |
| 2022 | $416,000 | $386,000 |
| 2023 | $466,000 | $419,000 |
| 2024 | $491,000 | $452,000 |
| 2025 | $524,000 | $484,000 |
| 2026 | $543,000 | $498,000 |
| September 2026 | $551,000 | $509,000 |
A typical Tiverton home worth $274K in October 2016 is worth about $551K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
Too few sales to read the market
Only 6 homes sold in May 2026, the latest month in Redfin’s figures: too few to describe the market or quote a median sale price.
A typical home costs 4.7 years of area income
The calculator starts from the area income the grade uses. Switch to Tiverton’s own median, or type yours.
That’s $224K short of a typical Tiverton home.
A two-bedroom rents for about $1,980 a month here, $1,440 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Tiverton’s typical property tax (1.16% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,980
Renters already here pay a median of $1,247, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Providence-Fall River, RI-MA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
16 new homes permitted in 2025
Builders were permitted 16 new homes in Tiverton in 2025, all single-family houses, worth about $5.8 million to build. That's 1 per 1,000 residents, slower than across Rhode Island (1.6). Over the past 10 years, Tiverton has permitted 267 homes in all.
Between the 2010 and 2020 censuses, Tiverton gained 579 residents while 288 new homes were permitted: about 2 new residents per new home, fewer than across Rhode Island (4.3): building outpaced growth.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 17 | 8 | 9 | $7 million |
| 2025 | 16 | 16 | 0 | $5.8 million |
| 2024 | 3 | 3 | 0 | $1.1 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 38 | 38 | 0 | $12.4 million |
| 2021 | 38 | 38 | 0 | $12.3 million |
| 2020 | 36 | 36 | 0 | $11.9 million |
| 2019 | 35 | 33 | 2 | $8.9 million |
| 2018 | 30 | 30 | 0 | $8 million |
| 2017 | 43 | 41 | 2 | $11.5 million |
| 2016 | 28 | 28 | 0 | $6.9 million |
| 2015 | 35 | 35 | 0 | $7.6 million |
| 2014 | 21 | 21 | 0 | $4.6 million |
| 2013 | 21 | 21 | 0 | $5.3 million |
| 2012 | 20 | 20 | 0 | $4.6 million |
| 2011 | 25 | 25 | 0 | $5.6 million |
| 2010 | 30 | 30 | 0 | $7.2 million |
| 2009 | 71 | 43 | 28 | $10.1 million |
| 2008 | 23 | 23 | 0 | $5.6 million |
| 2007 | 30 | 30 | 0 | $4.8 million |
| 2006 | 37 | 34 | 3 | $7.3 million |
| 2005 | 97 | 71 | 26 | $17.2 million |
| 2004 | 100 | 74 | 26 | $17 million |
| 2003 | 113 | 106 | 7 | $17.3 million |
| 2002 | 65 | 47 | 18 | $7.1 million |
| 2001 | 56 | 54 | 2 | $6.3 million |
| 2000 | 96 | 45 | 51 | $8 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Rhode Island norm
The median bill is $4,767 (Rhode Island: $4,900), 1.16% of a home’s value a year, against 1.21% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Tiverton
Only figures published free for the whole country, each labeled with the area it covers: the Providence-Warwick, RI-MA metro area, or Rhode Island. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 102 | RI 102 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 97 | RI 97 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 149 | RI 147 | metro | BEA, 2024 |
| Other services U.S. = 100 | 102 | RI 103 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Tiverton vs. its neighbors
Of the 6 towns here with a Zillow value, Tiverton has the 2nd-lowest.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Tiverton | C | $551K | $412K | 1.16% | $1,980 |
| Portsmouth | D | $686K | $597K | 1.06% | $2,340 |
| Little Compton | C− | $967K | $783K | 0.47% | $2,590 |
| Fall River | C− | $448K | $396K | 1.00% | $1,760 |
| Bristol | D | $610K | $485K | 1.11% | $1,830 |
| Westport | D | $675K | $522K | 0.71% | $1,750 |
Questions about the cost of living in Tiverton
Is Tiverton expensive to live in?
Measured against what households in the area earn, Tiverton costs more than 68% of U.S. towns: a C for cost of living, #2 of 38 in Rhode Island. The typical home costs 4.7 years of the median household income of the Providence-Warwick, RI-MA metro area ($87K).
How much does a house cost in Tiverton?
About $551K, Zillow’s typical value for September 2026, up 2.5% in a year. The Rhode Island typical home is $509K.
What salary do you need to live in Tiverton?
To buy the typical home with 20% down at 6.3%, about $147,000 a year, keeping the payment (about $3,420 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $79,000.
How much is rent in Tiverton?
HUD puts a two-bedroom at about $1,980 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,247 (Census 2020–24).
What are property taxes in Tiverton?
The median bill is $4,767 a year, 1.16% of the median home value (Rhode Island: $4,900, 1.21%), from the Census 2020–24.
Are home prices in Tiverton going up?
Yes: up 2.5% in the past year and 33.8% in five years, against 34.0% across Rhode Island (Zillow).
Neighbors talk housing
What Tiverton buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.