🏥 Health Insurance Cost Calculators Rhode Island

Rhode Island Health Insurance Cost Calculator

Estimate health insurance costs in Rhode Island. Average premium ~$485/mo, see ACA subsidy eligibility, deductible impact, and total annual healthcare costs.

Free — No Sign-up Verified Data Editorially Reviewed Updated
Rhode Island Quick Facts
6.0% Income Tax Rate
1.63% Property Tax Rate
$71,169 Median Income
107.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Health insurance cost estimation for Rhode Island. Premium estimates based on ACA marketplace benchmarks adjusted for Rhode Island's cost of living index (107.8). ACA subsidies are calculated using Federal Poverty Level guidelines — households earning 100-400% FPL qualify for premium tax credits. Out-of-pocket costs include deductible plus coinsurance on medical expenses. Actual premiums vary by plan tier (Bronze/Silver/Gold/Platinum), insurer, and county.

Key State Information

Rhode Island health insurance context: Estimated avg premium ~$485/mo | Cost of living index 107.8 | Median income $71,169 | HSA contributions are state tax-deductible.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
HealthCare.gov, Census Bureau, KFF
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much does health insurance cost in Rhode Island?

The average individual health insurance premium in Rhode Island is approximately $485/month ($5,820/year) for a Silver plan. Family plans cost 2-3x more. ACA subsidies can reduce this significantly — a household earning $50,000 may qualify for $200-400/month in premium tax credits.

Do I qualify for ACA subsidies in Rhode Island?

You may qualify if your household income is between 100-400% of the Federal Poverty Level (roughly $14,580-$58,320 for an individual in 2026). Rhode Island has a higher cost of living, so many residents find ACA subsidies essential.

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