Cost of Living in Saunderstown, RI
Housing
The housing market plays a significant role in determining the cost of living in Saunderstown, RI.
- Housing Index: 121.5 / 100
- Median Home Price is: $521,000
- Average Rent (2 BR Apartment): $2097 per month
- Average Rent (2 BR House): $2279 per month
In analyzing the housing data for Saunderstown, RI, it is evident that the median home price stands at 521000. The absence of data on the housing index and average rents suggests a potentially unexplored or undeveloped market. The high median price could indicate a desirable location or limited inventory, making homeownership potentially competitive. However, without forthcoming rental data, it's difficult to gauge immediate affordability for those seeking to move to this area. It might be prudent to explore further local market trends and consider the amenities and community aspects when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Saunderstown, 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 Saunderstown, 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 Saunderstown is a financially viable option for your relocation.