Housing costs in Coventry?
A typical home costs
$354,300, which is 4.8% more expensive than the national average of
$338,100 and 11.7% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Coventry costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 7.1% more than the state average of
$1,430.
Can I afford Coventry?
To live comfortably in Coventry, Rhode Island, a minimum annual income of
$68,040 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Coventry?
Coventry, RI has an average cost of living that is slightly higher than the national average. Housing costs are high, with median home prices around $274,000 and median rent coming in at $1,400 per month. Gas prices are also relatively high compared to other parts of the US. There are however some cheaper options for groceries and other daily necessities. All in all, Coventry provides a good quality of life at a price that can be considered reasonable given its proximity to Providence and Boston.