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Nursing Degree in Providence, RI — Salary & ROI 2026

Nursing degree analysis for Providence, RI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$96K

COL-adjusted

Mid-Career

$116K

COL-adjusted

ROI Payback

2.8 yrs

in Providence

Cost of Living

141

index (100 = avg)

Nursing in Providence, RI Overview

Providence, Rhode Island (pop. 190,934) has 7 colleges offering Nursing programs. The local cost of living index of 141 is higher than average, so budget accordingly, with average rent near campus at $1,476/month. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Providence is approximately $95,880.

Category

Healthcare

Local Colleges

7

Public Tuition

$15,259/yr

Private Tuition

$59,540/yr

Room & Board

$17,733/yr

Avg Fin. Aid

$15,708/yr

Unemployment

4.3%

Graduation Rate

54%

Nursing Salary in Providence (COL-Adjusted)

Salaries adjusted for Providence's cost of living index of 141 (national average = 100).

Entry Level (0-2 yrs)
$95,880(+$27,880 vs national)
Mid Career (5-9 yrs)
$115,620(+$33,620 vs national)
Senior Level (15+ yrs)
$133,950(+$38,950 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Providence adjustment factor: 1.41x based on the local cost of living index.

Nursing ROI Calculator for Providence

Estimate your return on investment for a Nursing degree using local Providence tuition and cost of living data.

Public avg: $15,259 | Private avg: $59,540

Providence avg aid: $15,708/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$131,968

tuition + room & board - aid

Annual Earnings Premium

$46,530

vs HS diploma in Providence

ROI Payback Period

2.8 years

to break even

Lifetime Return in Providence

$855,032

Lifetime earnings premium ($987,000) minus total education cost ($131,968)

Student Loan Payoff for Nursing in Providence

Standard Plan (10 years)

Loan Amount$131,968
Monthly Payment$1,498
Total Interest$47,848
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$131,968
Monthly Payment$2,582
Total Interest$22,958
Interest Savings$24,890

Colleges in Providence for Nursing

Brown University

private

$62,680/yr

$250,720 total

Providence College

private

$56,400/yr

$225,600 total

Community Colleges (2-Year Transfer)

Community College of Rhode Island

$4,994/yr

Top Employers for Nursing in Providence

Providence offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Providence Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing Degree in Providence — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Nursing ROI in other cities, or explore other majors in Providence.

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