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)
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
| University | Type | Annual Tuition |
|---|---|---|
| Richmond State University | Public | $15,219 |
| Richmond Community College | Community | $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
| Category | Richmond | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $14,800 | $10,940 | +$3,860 |
| Monthly Rent Near Campus | $987 | $1,050 | -$63 |
| Cost of Living Index | 108.2 | 100 | +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
Walk Score
Car-Dependent
Transit Score
Minimal Transit
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
Providence
7 colleges · Avg tuition $15,259
Cranston
8 colleges · Avg tuition $12,509
Warwick
6 colleges · Avg tuition $11,521
Pawtucket
4 colleges · Avg tuition $14,800
East Providence
3 colleges · Avg tuition $14,800
Woonsocket
2 colleges · Avg tuition $14,800
Cumberland
2 colleges · Avg tuition $14,800
Coventry
2 colleges · Avg tuition $14,800
North Providence
2 colleges · Avg tuition $14,800
South Kingstown
2 colleges · Avg tuition $14,800
Johnston
2 colleges · Avg tuition $14,800
West Warwick
2 colleges · Avg tuition $14,800
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