Housing costs in Providence?
A typical home costs
$308,300, which is 8.8% less expensive than the national average of
$338,100 and 25.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Providence costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 38.0% cheaper than the state average of
$1,960.
Can I afford Providence?
To live comfortably in Providence, New York, a minimum annual income of
$59,040 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Providence?
Providence, NY is an affordable place to live. The cost of living in the city is significantly lower than other major cities in the U.S., making it a great choice for people with a limited budget who still want to enjoy the amenities of city life. The median home price in Providence is just over $200,000, which is much lower than average for this region. Rent prices are also quite reasonable at around $1,400 per month for a one-bedroom apartment. Utilities and transportation costs are also reasonably priced when compared to other cities. Overall, Providence offers an excellent quality of life at an affordable price point.