Engineers, All Other Salary

Yes — at the median salary of $117K, rent takes 21.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,544/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new engineers, all others typically earn — is $57K/year. Take-home on that works out to about $3,431/month. At HUD’s $1,544/month FMR, rent would take 45% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Pay here is roughly in line with the national average — $117K locally vs. $123K nationally, a 5% difference.

Rhode Island pays $117K median vs. the U.S. average of $123K — that’s -5%. After adjusting for local cost of living (RPP 101.77), the purchasing-power equivalent is $115K — below the national median.

The median is $117,080 a year, that works out to about $56 an hour. But the range is wide: entry-level workers start around $57,180, and experienced engineers, all others can clear $199,410. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $7,200/month after taxes. A 2-bedroom here rents for about $1,544/month, which eats 21.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Rhode Island has a Regional Price Parity of 101.77 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median engineers, all other salary is worth about $115,044 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.