Housing costs in Carolina?
A typical home costs
$426,800, which is 26.2% more expensive than the national average of
$338,100 and 6.4% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Carolina costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 16.4% more than the state average of
$1,430.
Can I afford Carolina?
To live comfortably in Carolina (zip 02812), Rhode Island, a minimum annual income of
$81,720 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Carolina?
The cost of living in 02812 Carolina, RI is quite reasonable. According to the Council for Community and Economic Research, the cost of living index for 02812 is slightly below the national average. The median home price in 02812 is significantly lower than statewide and national averages, making it an attractive option for those looking to buy a home. Groceries, transportation and utilities are also generally more affordable than other areas of the country. With its low cost of living, 02812 Carolina remains an attractive destination for those interested in a more affordable place to live.