Zip 02895 (Woonsocket, RI) Cost of Living


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Woonsocket cost of living score
108.8
More expensive
8.8% higher
than the US average
3.3% lower
than the Rhode Island average
Woonsocket (zip 02895), Rhode Island gets a BestPlaces Cost of Living score of 108.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.8% higher than the U.S. average and 3.3% higher than the average for Rhode Island.

Zip 02895 (Woonsocket, RI)

Housing costs in Woonsocket?
A typical home costs $305,600, which is 9.6% less expensive than the national average of $338,100 and 23.8% less expensive than the average Rhode Island home, at $401,200. Renting a two-bedroom unit in Woonsocket costs $1,310 per month, which is 8.4% cheaper than the national average of $1,430 and 11.5% cheaper than the state average of $1,460.

Can I afford Woonsocket?
To live comfortably in Woonsocket (zip 02895), Rhode Island, a minimum annual income of $58,680 for a family, and $43,600 for a single person is recommended.

What does A.I. say about Woonsocket?
The cost of living in 02895 Woonsocket, RI is generally considered to be quite reasonable. According to BestPlaces, the average cost of basic groceries for a family of four is about $256 per month, which is relatively affordable compared to other areas of the United States. Housing costs are also quite reasonable in this area - the average rent for a two-bedroom apartment is around $1,100 per month while the median sale price for a house is around $145,000. Overall, the cost of living in 02895 Woonsocket, RI makes it an attractive option for individuals and families looking for affordability without sacrificing quality amenities and services.
   Cost of living score
     CategoriesWoonsocketRhode IslandUnited States
  108.8112.5100.0
  104.4106.5100
  87.385.5100.0
  96.2128.8100.0
  $305,600$401,200$338,100
  116.5%115.9%100.0%
  105.5106.1100.0
  105.8113.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime