Cost of Living in East providence, RI
Housing
The housing market plays a significant role in determining the cost of living in East providence, RI.
- Housing Index: 115.0 / 100
- Median Home Price is: $323,000
- Average Rent (2 BR Apartment): $1890 per month
- Average Rent (2 BR House): $2054 per month
Considering a move to East providence, RI? The current housing index is at 115.0, indicating a competitive market. With a median home price of 323000 and average rents of 1890 for a 2-bedroom apartment and 2054 for a 2-bedroom house, it's essential to weigh your options carefully. While owning may seem tempting, rental prices suggest a significant budget commitment. Additionally, local economic factors, job growth, and nearby amenities should also play a crucial role in your decision-making process. Explore what's best for your lifestyle!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in East providence, 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.): $250 per month
Living in East providence, 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 $250 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 East providence is a financially viable option for your relocation.