Housing costs in Misquamicut?
A typical home costs
$749,700, which is 121.7% more expensive than the national average of
$338,100 and 86.9% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Misquamicut costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 7.7% more than the state average of
$1,430.
Can I afford Misquamicut?
To live comfortably in Misquamicut, Rhode Island, a minimum annual income of
$143,640 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Misquamicut?
Misquamicut, RI is a great place to live with its beautiful beaches and nice summer weather. The cost of living in Misquamicut, RI is quite affordable. Most of the housing prices are lower than the Rhode Island average, with some rental properties costing as little as $900 a month. The food in local restaurants and shops is generally reasonably priced, making it easy to enjoy the local cuisine. Transportation costs are also affordable thanks to the town's close proximity to both I-95 and US Route 1. In addition, the taxes in Misquamicut are lower than most other towns in Rhode Island, allowing residents to keep more of their hard earned money. All of this makes it easier for people to move to and live in Misquamicut while still having enough money left over for leisure activities or saving for the future.