Housing costs in East Greenwich?
A typical home costs
$556,400, which is 64.6% more expensive than the national average of
$338,100 and 38.7% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in East Greenwich costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 19.7% more than the state average of
$1,430.
Can I afford East Greenwich?
To live comfortably in East Greenwich (zip 02818), Rhode Island, a minimum annual income of
$106,560 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about East Greenwich?
The cost of living in 02818 East Greenwich, RI is higher than the national average. According to BestPlaces, the overall cost of living index for 02818 is 122, which is 22 points higher than the U.S. average. The cost of housing is particularly high with a housing index score of 146 compared to the national average of 100. This means that real estate prices and rent rates in East Greenwich are significantly higher than the rest of the country. Even though it may be expensive to live there, East Greenwich boasts wonderful amenities including low crime rates and excellent schools, making it an attractive place to live and worth considering despite its high price tag.