Cost of Living in Harrisville, RI
Housing
The housing market plays a significant role in determining the cost of living in Harrisville, RI.
- Housing Index: 121.5 / 100
- Median Home Price is: $296,000
- Average Rent (2 BR Apartment): $2097 per month
- Average Rent (2 BR House): $2279 per month
Considering the situation in Harrisville, RI, where the 121.5 index appears to be remarkably low, it indicates either a lack of data or very stable housing conditions. The 296000 stands at $296,000, reflecting a potentially affordable market. However, the absence of definite rental costs for a 2-bedroom apartment and a house suggests more research is needed for accurate insight into the area’s rental market. In general, homeownership may be favorable, but it's prudent to investigate local amenities, job availability, and community dynamics before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Harrisville, 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 Harrisville, 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 Harrisville is a financially viable option for your relocation.