Cost of Living in Wyoming, RI
Housing
The housing market plays a significant role in determining the cost of living in Wyoming, RI.
- Housing Index: 121.5 / 100
- Median Home Price is: $406,000
- Average Rent (2 BR Apartment): $2097 per month
- Average Rent (2 BR House): $2279 per month
Considering a move to Wyoming, RI? The current median home price stands at 406000, indicating a significant investment for potential homeowners. However, given the housing index of 121.5, alongside the absent average rents for both a 2-bedroom apartment and house, there might be specific local market conditions contributing to these figures. It’s crucial to assess job opportunities, quality of life, and community amenities that can make such a commitment worthwhile in Wyoming. Always compare with surrounding areas for a comprehensive view!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wyoming, 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 Wyoming, 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 Wyoming is a financially viable option for your relocation.