Cost of Living in Foster, RI
Housing
The housing market plays a significant role in determining the cost of living in Foster, RI.
- Housing Index: 121.5 / 100
- Median Home Price is: $295,000
- Average Rent (2 BR Apartment): $2097 per month
- Average Rent (2 BR House): $2279 per month
In Foster, RI, the housing market remains a significant factor to consider, with the median home price standing at 295000. However, the housing index and average rents for both 2-bedroom apartments and houses are currently absent (121.5: 0.0, 2097: 0.0, 2279: 0.0). This lack of rental data suggests either a potential shortfall in available listings or unique market conditions. Before making a decision, it is vital to examine local economic trends and job opportunities, which strongly influence housing demand and living conditions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Foster, 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 Foster, 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 Foster is a financially viable option for your relocation.