Housing costs in Hopkinton?
A typical home costs
$377,800, which is 11.7% more expensive than the national average of
$338,100 and 5.8% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Hopkinton costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 2.1% more than the state average of
$1,430.
Can I afford Hopkinton?
To live comfortably in Hopkinton, Rhode Island, a minimum annual income of
$72,360 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Hopkinton?
The cost of living in Hopkinton, RI is relatively affordable compared to many other places in the United States. The average housing cost is slightly lower than the national average and there are very few additional expenses associated with living in the town such as taxes and utilities. Furthermore, many local businesses offer competitive prices on groceries and other goods, allowing residents to save even more money. All these factors make Hopkinton an attractive place for people looking for a balanced cost of living.