Home             Vol V   Issue 5        January 31, 2010

Previous Issues:

Below Average Cost-of-Living

 

X

 

 

Sophisticated Providence, Rhode Island, Once a City Under Siege, is Today a City Reborn, Attracting Retirees in Search of Urban Living, Beautiful Architecture, a Colorful History and Great Food

Cost of Living:  Above the National Average

Retirement in Providence is full of activity.   Gallery Nights (evening bus tours of thirty art galleries and museums), street fairs, the Providence Art Club, the RISD Museum, Preservation Society walking tours, Waterfire (featuring 100 evening bonfires on the downtown rivers and lots of music), four farmers' markets and the Providence Craft Show are just a few highlights.   Providence Place Mall is a major shopping venue, and several neighborhoods are designated arts districts, allowing artists to live and work while receiving tax benefits.  Roger Williams Park is a 430-acre facility that includes a botanical center and a zoo, as well as walks and waterways. 
 

 

 

Opera Providence and the Rhode Island Philharmonic Orchestra are first rate, and the Tony Award-winning Trinity Repertory presents a full season.  The Providence Public Library, with its nine branches, boasts the remarkable Providence Athenaeum, the fourth oldest library in the country and a favorite haunt of Edgar Allan Poe's.  There are 1,200 acres of parks, and college sports enthusiasts will enjoy basketball, soccer and ice hockey games at the University of Rhode Island and Brown University.    Ice skating downtown and sailing on the rivers are favorite activities.

The city is flat and very walkable, but public bus transportation is available through RIPTA (no subway, though), and both Amtrak and the Massachusetts Bay Transit Authority provide train service in and out of the city.  Boston is an hour north, and New York City is three hours south.  The open ocean is just 25 miles away.

 

Eight hospitals give retirees a sense of security when it comes to medical care.   Rhode Island Hospital and Miriam Hospital are both part of the Lifespan health system, which was just recognized as a Top 100 Integrated Health Network.   RIH is the city's largest hospital with 719 beds and nearly 1,600 affiliated physicians, while MH has 247 beds.    Roger Williams Medical Center is a community-owned teaching hospital affiliated with Boston University's School of Medicine.  Butler Hospital, St. Joseph Hospital For Specialty Care and a VA medical center provide further care.

Providence has a Department of Senior Services (for anyone age 60+) and operates eight senior centers, offering activities, programs and door to door transportation for medical appointments.  Meals on Wheels is active, as is Capitol Region RSVP, the organization that gives people age 55+ opportunities to volunteer in the community.

Summer temperatures do not reach much higher than the mid-80s, and winter temperatures can dip into the teens and 20s.   The city receives three to four inches of precipitation each month, and December, January, February and March can each bring six to eight inches of snow as powerful nor'easters occasionally hit the coast.  Autumns are the best time of the year.

While Providence has a lot going for it, it does have some problems.   It is one of the most affordable cities in New England, but the cost of living is still high.   And for many residents, it is too high, contributing to a high poverty rate.  Some of this is due to Providence having seen a large influx of immigrants during the last ten years, many of whom have not yet achieved a solid economic footing.   Most poverty, though, is confined to specific neighborhoods, primarily to the south and west of downtown.  Crime rates are above the national average, but most crime also occurs in specific areas of the city.  And the good news is crime rates have been coming down during the last ten years.   The population is not booming, but it has steadied after years of decline.  Jobs are few, but that is true almost everywhere these days.

So while Providence continues to deal with issues that many American cities face, it is also emerging as a stimulating place to live and retire, offering great food, historic architecture, a revitalized riverfront, top-notch educational venues, an arts scene and a good selection of medical facilities.   An urban retirement is not for everyone, but for many retirees, Providence may be just the ticket.

Return to Page 1


Great Retirement Spots Newsletter is published eight times a month or so by Webwerxx, Inc.,  2770 S. Elmira St., #152, Denver, CO  80231. (303) 358-0512.  Copyright © 2006-2010.  All rights reserved.  No part of this electronic publication may be reproduced without the express written consent of Webwerxx, Inc.  All attempts were made to verify the accuracy of the information contained in this bulletin, but some information may have changed since publication. Webwerxx, Inc. cannot be held responsible for information that has changed since this publication appeared online.  Please contact us at staff@greatretirementspots.com if you have questions or comments. 

*   *   *   *   *   *

 

                                                   Retirement Real Estate  55+ Communities  Active Adult Developments  Real Estate for Sale   Condos and Homes for Sale