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Rhode Islanders need to earn $31.71 an hour to reasonably afford a modest two-bedroom apartment, according to a report released this week by the National Low Income Housing Coalition.

The NLIHC’s annual “Out of Reach” report offers some of the most in-depth analysis on the cost of housing in each state, and it ranks states based on the amount individuals would have to earn to afford federal fair market rent without spending more than 30 percent of their income on housing costs – which is the widely accepted standard of affordability.

Rhode Island ranks as the 18th most expensive state to rent in the country, behind Massachusetts and Connecticut among New England states. 

Here’s a state-by-state breakdown of the fair market rent (FMR) for a two-bedroom apartment along with the hourly wage a person needs to earn without spending more than 30 percent of their income.

Massachusetts
Two-bed apartment FMR: $2,387
You need to earn: $45.90 an hour

Connecticut
Two-bed apartment FMR: $1,842
You need to earn: $35.42 an hour

New Hampshire
Two-bed apartment FMR: $1,824
You need to earn: $35.08 an hour

Rhode Island
Two-bed apartment FMR: $1,649
You need to earn: $31.71 an hour

Vermont
Two-bed apartment FMR: $1,546
You need to earn: $29.73 an hour

Maine
Two-bed apartment FMR: $1,478
You need to earn: $28.42 an hour

You can read the NLIHC’s full report by clicking here.