Salary & Cost of Living in Coventry, RI
Coventry, RI: $52,254 median salary, cost of living index 104.9, $14.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$52,254
$25/hr
Cost of Living
104.9
US avg = 100
Minimum Wage
$14.00
per hour
Unemployment
3.6%
rate
Coventry, RI Overview
Population
35,014
Median Salary
$52,254
Average Salary
$58,524
Avg Commute
17 min
Median Home Price
$365,000
Median Rent
$1,478/mo
Job Growth
+2.3%
Sales Tax
7%
Coventry is located in Rhode Island with a population of 35,014. The median household salary is $52,254 per year ($25/hour), which is $7,130 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.3%.
Coventry Salary by Experience Level (2026)
Wage distribution in Coventry, RI based on BLS percentile breakdown of the $52,254 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $32,397 | $15.57/hr | 0–2 years |
| Mid-Level (Median) | $52,254 | $25.12/hr | 3–7 years |
| Senior-Level | $74,201 | $35.67/hr | 8–15 years |
| Top 10% (90th Percentile) | $93,012 | $44.71/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Coventry Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Coventry, RI, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$40,895
$3,407.88/month · $1,572.87/biweekly · Effective Rate: 21.7%
Gross Pay
$52,254
Federal Tax
-$4,232
State Tax
-$3,130
Local Tax
$0
FICA
-$3,997
Net Pay
$40,895
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,354.50 | $52,254.00 |
| Federal Income Tax | -$352.66 | -$4,231.98 |
| Rhode Island State Tax (5.99%) | -$260.83 | -$3,130.01 |
| Social Security (6.2%) | -$269.98 | -$3,239.75 |
| Medicare (1.45%) | -$63.14 | -$757.68 |
| Net Take-Home Pay | $3,407.88 | $40,894.57 |
Salary Comparison: Coventry vs Other Cities
See how Coventry's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Coventry, RI | $52,254 | 104.9 | $49,813 |
| National Average | $59,384 | 100 | $59,384 |
| Westland, MI | $52,257 | 92.4 | $56,555 |
| Glendale, AZ | $52,300 | 97 | $53,918 |
| Penn Hills, PA | $52,181 | 100 | $52,181 |
| Crystal Lake, IL | $52,180 | 86.3 | $60,463 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Coventry
Coventry's cost of living index is 104.9 (national average = 100). Living in Coventry is 4.900000000000006% more expensive than the national average.
Median Home Price
$365,000
Median Monthly Rent
$1,478
Annual Rent Cost
$17,736
Your Salary's Purchasing Power
Your $40,895 annual take-home pay in Coventry has the purchasing power of approximately $38,984 in an average-cost US area. You would need to earn $54,814 in Coventry to match a $52,254 salary in an average-cost city.
Top Industries in Coventry
Coventry's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $52,254.
Salary Tips for Coventry Workers
- Maximize pre-tax deductions. With a 5.99% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Coventry's top industries include Healthcare, Education, Defense. Targeting roles in these sectors can help you earn above the $52,254 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Coventry, RI?
The median salary in Coventry, RI is $52,254 per year, or $25 per hour. The average salary is $58,524. This is $7,130 below the national median of $59,384.
What is the cost of living in Coventry, RI?
Coventry's cost of living index is 104.9 (national average = 100), meaning it is 4.900000000000006% more expensive compared to the national average. The median home price is $365,000 and the median monthly rent is $1,478.
What are the best industries in Coventry?
The top industries in Coventry, RI include Healthcare, Education, Defense. The city has a job growth rate of 2.3% and an unemployment rate of 3.6%. Workers in these industries often earn above the city's median salary of $52,254.
How does Coventry's salary compare to other cities?
Coventry's median salary of $52,254 is 12.0% below the national median of $59,384. However, when adjusted for cost of living (index: 104.9), the real purchasing power is approximately $49,813.
What is the minimum wage in Coventry, RI?
The minimum wage in Coventry, RI is $14.00 per hour. This equals approximately $29,120 per year for a full-time worker (40 hours/week). This is $6.75 above the federal minimum wage of $7.25/hour.