City Comparison

Cranston vs Hollywood

Cost of Living Comparison · 2026

Cranston

Rhode Island
109
Above Average
$395,000
Median Home
$1,375/mo
Median Rent
$90,200
Median Income

Hollywood

Florida
111
Above Average
$424,000
Median Home
$1,725/mo
Median Rent
$60,300
Median Income

The Verdict

1.8%

Cranston is 1.8% less expensive than Hollywood overall. A household earning $75,000 in Cranston would need approximately $76,376 in Hollywood to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
135
Cranston
130
Hollywood
Groceries
103
Cranston
104
Hollywood
Utilities
113
Cranston
96
Hollywood
Transportation
93
Cranston
113
Hollywood
Healthcare
110
Cranston
96
Hollywood

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $76,376 in Hollywood.

Conversely, $75,000 in Hollywood equals $73,649 in Cranston.

Living in Cranston vs Hollywood

Housing Costs

Cranston's housing index of 135 is higher Hollywood's 130, translating to median home prices of $395,000 vs $424,000. The $29,000 difference in home prices means roughly $1,884 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,725/mo in Hollywood, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 104 in Hollywood. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $494/month in Hollywood. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 96 in Hollywood. Monthly utility bills average approximately $452 in Cranston vs $384 in Hollywood. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 110 in Cranston and 96 in Hollywood. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $60,300 in Hollywood. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $54,324 respectively. Cranston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $1,407/month in Hollywood. In Cranston, median rent of $1,375/mo fits within this budget. In Hollywood, median rent of $1,725/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 20 index points — focus your budget analysis there.

Frequently Asked Questions

Cranston is 1.8% more affordable overall with an index of 109 vs 111.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $76,376 in Hollywood, based on the cost of living difference.
Cranston's housing index is 135 with median homes at $395,000, while Hollywood's is 130 with median homes at $424,000.

Moving & Relocation Resources

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