Business & Finance Cranston, RI Pop. 82,934

Economist Salary in Cranston, Rhode Island

The median economist salary in Cranston, RI is $116,219 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.

City Median
$116,219
vs State Avg
$-5,697
vs National
+$2,279
Cost of Living
100%

Economist Pay in Cranston: What to Expect (2026)

Cranston offers a median economist salary of $116,219, which is $5,697 below the Rhode Island state average of $121,916. Compared to the national median of $113,940, Cranston pays above average for this role.

Cranston's cost of living is 100% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for economists in Cranston spans from $63,240 at the 10th percentile to $201,960 at the 90th percentile — a $138,720 spread. Entry-level professionals start around $66,300, while senior economists with 8+ years of experience can earn up to $188,700. Cranston is a smaller market (pop. 82,934), which may mean fewer openings but also less competition for available positions.

Economist Salary in Cranston by Experience

In Cranston, an entry-level economist earns around $66,300, while experienced professionals earn up to $188,700 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$66,300
+$1,300 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$188,700
+$3,700 vs national

Salary Percentiles in Cranston, RI

Percentile Cranston
10th Percentile $63,240
25th Percentile $83,640
Median (50th) $116,219
75th Percentile $158,100
90th Percentile $201,960

Economist Salary in Other Rhode Island Cities

How to Become a Economist in Cranston

Education

Most economist positions require a master's degree. Cranston and the surrounding Rhode Island area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Cranston may vary based on local industry and population growth.

Find Economist Jobs in Cranston

Browse open economist positions in Cranston, RI:

Frequently Asked Questions: Economist Salary in Cranston

How much does a Economist make in Cranston, RI? ▼
The median economist salary in Cranston, Rhode Island is $116,219 per year, which is 2.0% above the national median of $113,940. Salaries range from $63,240 (10th percentile) to $201,960 (90th percentile).
How much does a Economist make per hour in Cranston? ▼
Based on the median annual salary of $116,219, a economist in Cranston earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Cranston compare to the Rhode Island state average for economist pay? ▼
Cranston's median economist salary of $116,219 is 4.7% below the Rhode Island state average of $121,916. The local cost of living index is 100% of the national average.
What is the cost of living in Cranston, RI? ▼
Cranston has a cost of living index of 100% compared to the national average. This means a economist salary of $116,219 in Cranston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Cranston? ▼
Most economist positions in Cranston require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.