DegreeCalc

College Costs in Richmond, RI 2026

Compare tuition, housing, and financial aid across 1 colleges in Richmond, Rhode Island. Use our free calculator to estimate your total cost.

Avg Public Tuition

$14,800

per year

Avg Private Tuition

$42,000

per year

Avg Rent Near Campus

$987

per month

Colleges & Universities

1

institutions

Richmond Overview

Population

7,708

Student Population

817 (10.6%)

Cost of Living Index

108.2 (avg: 100)

Walk Score

47/100

Transit Score

22/100

Unemployment Rate

4.1%

College Cost Calculator for Richmond

Cost Inputs

Total Cost (4 Years, Public In-State)

$120,380

Total After Financial Aid

$120,380

Annual Cost

$30,095

Annual After Aid

$30,095

Cost Breakdown (4 Years)

Tuition$59,200
Room & Board$61,180

If Financed (10-Year Loan at 6.5%)

Loan Amount$120,380
Monthly Payment$1,367
Total Interest$43,647
Total Loan Cost$164,027

Universities in Richmond

UniversityTypeAnnual Tuition
Richmond State UniversityPublic$15,219
Richmond Community CollegeCommunity$5,540

Richmond has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Richmond vs. National Average

CategoryRichmondNational AvgDifference
Public Tuition (In-State)$14,800$10,940+$3,860
Monthly Rent Near Campus$987$1,050-$63
Cost of Living Index108.2100+8.200000000000003

Richmond's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Richmond

47

Walk Score

Car-Dependent

22

Transit Score

Minimal Transit

10.6%

Student Population

817 students

Richmond has a total population of 7,708, with approximately 817 college students (10.6% of the population). Richmond has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Richmond

$32,693

Starting Salary

4.1%

Unemployment Rate

52%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Richmond earn a median starting salary of $32,693, which is -$2,307 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $120,380 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $13,786 per student per year, the net cost and payback period can be significantly reduced.

Other Cities in Rhode Island

Frequently Asked Questions

Related Calculators

Explore 350+ Cities Across the U.S.

Compare college costs, housing, and student life in every major U.S. city.

Browse All Cities