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Physician Salary in Providence, RI — 2026 Guide

Estimated salaries are adjusted for Providence's cost of living (index: 115). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Physician Salary in Providence — Key Numbers

$263,695
Median Salary
$148,166
25th Percentile
$375,981
75th Percentile
$460,000
90th Percentile
National median (Physician)$229,300
vs. National median+15.0%
Providence median household income$66,200
vs. City household income+298.3%

Cost of Living in Providence

Cost of Living Index
115(100 = avg)
Median Monthly Rent$1,725/mo
Rent-to-Income Ratio7.8%
Annual rent cost$20,700
Median Home Price$380,000
Home Price / Salary1.4×
20% Down Payment$76,000
Years to save (20% rate)1.4 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.

Job Market in Providence

4.0%
Unemployment Rate
1,640,000
Metro Population
25 min
Avg Commute
37
Median Age

Providence has a metro population of 1,640,000, offering a sizeable job market with strong opportunities across key sectors. The 4.0% unemployment rate is near the national average.

Financial Calculators for Providence

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Cost of Living — Providence
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Physician Salary in Rhode Island
Statewide salary breakdown

Other Professions in Providence

Chief Executive Officer$241,500Dentist$201,836IT Manager$194,936Marketing Manager$181,263Lawyer$167,624HR Manager$156,803

Frequently Asked Questions

How much does a Physician make in Providence, RI?

The estimated median salary for a Physician in Providence is $263,695 per year (2026). This is derived from the national BLS median of $229,300 adjusted by Providence's cost of living index (115). The typical salary range runs from $148,166 (25th percentile) to $375,981 (75th percentile), with top earners reaching $460,000.

Is Providence affordable for a Physician?

On a $263,695 annual salary, a Physician in Providence would spend approximately 7.8% of gross monthly income on median rent ($1,725/month). This is well within the 28% affordability threshold, making Providence relatively affordable for this profession. The median home price of $380,000 is 1.4× the annual salary.

How does a Physician's salary compare to Providence's overall income?

Providence's median household income is $66,200. A Physician earning the city-adjusted median of $263,695 earns 298.3% more than the typical Providence household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Physician — NationalPhysician in Rhode IslandAll Salary Guides

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.