Housing costs in Ashaway?
A typical home costs
$303,300, which is 10.3% less expensive than the national average of
$338,100 and 24.4% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Ashaway costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 13.5% cheaper than the state average of
$1,430.
Can I afford Ashaway?
To live comfortably in Ashaway, Rhode Island, a minimum annual income of
$57,960 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Ashaway?
The cost of living in Ashaway, RI is relatively affordable compared to other cities and towns in the area. The median home value in the town stands at $224,000, which is lower than the Rhode Island average of $279,600. Utility costs are also reasonable with electricity rates averaging around 11 cents per kWh, while natural gas prices are around 15 cents per therm. The cost of groceries and other essentials is also competitively priced within the region. Additionally, there are no state income taxes in Rhode Island making it a favorable place to live for those looking to save on their living expenses.