Housing costs in Central Falls?
A typical home costs
$294,300, which is 13.0% less expensive than the national average of
$338,100 and 26.6% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Central Falls costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 18.7% cheaper than the state average of
$1,460.
Can I afford Central Falls?
To live comfortably in Central Falls (zip 02863), Rhode Island, a minimum annual income of
$56,520 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Central Falls?
The cost of living in 02863 Central Falls, RI is slightly lower than the average for the United States. According to BestPlaces, a website that collects cost of living data from around the world, the cost of living index for Central Falls is about 80.1, whereas the national average is approximately 100. This means that basic necessities such as food, housing and transportation are more affordable in Central Falls than they are across the country on average. Additionally, groceries tend to be particularly inexpensive in 02863 with an index of 75.7 compared to the US average of 100.