Side-by-side tax comparison between Rhode Island (5.99% top rate) and Vermont (8.75% top rate).
| Salary | Rhode Island | Vermont | Difference | Winner |
|---|---|---|---|---|
| $50K | $40,051 | $39,016 | −$1,035 | Rhode Island |
| $75K | $57,933 | $56,381 | −$1,553 | Rhode Island |
| $100K | $74,398 | $72,328 | −$2,070 | Rhode Island |
| $150K | $106,707 | $103,602 | −$3,105 | Rhode Island |
| $200K | $140,118 | $135,978 | −$4,140 | Rhode Island |
Rhode Island offers higher take-home pay at every salary level. Rhode Island's 5.99% top rate is more favorable than Vermont's 8.75%. At $100K, the difference is $2,070/year — that’s $173/month.
However, cost of living matters. Rhode Island has a cost index of 105 while Vermont is at 105. With similar costs of living, the tax difference is the main factor.