Cost of Living in Ashaway, RI
Housing
The housing market plays a significant role in determining the cost of living in Ashaway, RI.
- Housing Index: 121.5 / 100
- Median Home Price is: $325,000
- Average Rent (2 BR Apartment): $2097 per month
- Average Rent (2 BR House): $2279 per month
Considering a move to Ashaway, RI? The median home price stands at 325000, making homeownership a feasible option. However, with a housing index of 121.5, it suggests potential affordability challenges. Notably, both averages for renting a 2-bedroom apartment and house are shown as zero, indicating either a strong market demand or potential lack of available data. This makes it critical to research local rental trends, as they significantly impact living arrangements. Analyzing these factors is crucial for informed decision-making before relocating to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ashaway, RI.
- Electricity Price: $27.03 USD (median by state)
- Natural Gas Price: $21.52 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $262 per month
Living in Ashaway, RI could entail higher utility costs. Electricity costs sit at $27.03, while natural gas is priced at $21.52 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $262 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Ashaway is a financially viable option for your relocation.