Housing costs in Little Compton?
A typical home costs
$775,300, which is 129.3% more expensive than the national average of
$338,100 and 93.2% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Little Compton costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 21.9% more than the state average of
$1,430.
Can I afford Little Compton?
To live comfortably in Little Compton, Rhode Island, a minimum annual income of
$148,680 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Little Compton?
The cost of living in Little Compton, RI is quite high compared to the national average. The median home price is approximately $500,000, and it is one of the most expensive towns in Rhode Island. In addition, the cost of food and services can be significantly more expensive than in other parts of the state. Despite this, many residents find that they are able to live comfortably due to the abundance of employment opportunities in the area as well as its close proximity to major cities like Providence and Newport. Furthermore, Little Compton is known for its natural beauty and sense of community which makes it a desirable place to live.