Housing costs in Watch Hill?
A typical home costs
$2,560,800, which is 657.4% more expensive than the national average of
$338,100 and 538.3% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Watch Hill costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 7.7% more than the state average of
$1,430.
Can I afford Watch Hill?
To live comfortably in Watch Hill, Rhode Island, a minimum annual income of
$490,680 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Watch Hill?
The cost of living in Watch Hill, RI is much higher than other parts of the state. The median home value in Watch Hill is just over $1 million, and the median household income is more than double the national average. Additionally, property taxes tend to be quite high due to the town's luxury properties and waterfront view. Despite this, it's a popular destination for those looking for a beautiful beach town with plenty of amenities and activities to enjoy. With its stunning beaches and natural beauty, Watch Hill is worth every penny.