Central Falls, RI Cost of Living


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Central Falls cost of living score
108.8
More expensive
8.8% higher
than the US average
3.3% lower
than the Rhode Island average
Central Falls, Rhode Island gets a BestPlaces Cost of Living score of 108.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.8% higher than the U.S. average and 3.3% higher than the average for Rhode Island.

Central Falls, RI

Housing costs in Central Falls?
A typical home costs $284,400, which is 15.9% less expensive than the national average of $338,100 and 29.1% less expensive than the average Rhode Island home, at $401,200. Renting a two-bedroom unit in Central Falls costs $1,220 per month, which is 14.7% cheaper than the national average of $1,430 and 17.2% cheaper than the state average of $1,430.

Can I afford Central Falls?
To live comfortably in Central Falls, Rhode Island, a minimum annual income of $54,360 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Central Falls?
The cost of living in Central Falls, RI is relatively inexpensive compared to other cities in the state. Rent prices are among the lowest in the area, with a median price of around $800 per month for a one-bedroom apartment. Groceries and utilities are also reasonably priced, and transportation is affordable and convenient with accessible public transportation options. Overall, Central Falls is an attractive destination for people looking for an affordable lifestyle without sacrificing quality of life.
   Cost of living score
     CategoriesCentral FallsRhode IslandUnited States
  108.8112.5100.0
  103.8106.5100
  87.385.5100.0
  87.0128.8100.0
  $284,400$401,200$338,100
  118.0%115.9%100.0%
  115.5106.1100.0
  110.0113.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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