Housing costs in Middletown?
A typical home costs
$640,600, which is 89.5% more expensive than the national average of
$338,100 and 59.7% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Middletown costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 27.8% more than the state average of
$1,430.
Can I afford Middletown?
To live comfortably in Middletown, Rhode Island, a minimum annual income of
$122,760 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Middletown?
Middletown, RI offers a variety of housing options to fit all budgets, from waterfront homes to modest detached single-family dwellings. The cost of living in Middletown is slightly higher than the national average but still quite reasonable for New England. Residents can expect to pay an average of $1,918 per month for renting a one-bedroom apartment and $2,817 per month for a two-bedroom unit. Homeowners enjoy an even better deal, as median home prices in Middletown range from around $310,000 to $440,000. Food and groceries are also affordable, with an average grocery bill of about $400 a month for a family of four. Overall, the cost of living in Middletown is quite manageable when compared to other cities in Rhode Island or nearby states.