Housing costs in East Providence?
A typical home costs
$352,900, which is 4.4% more expensive than the national average of
$338,100 and 12.0% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in East Providence costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 2.7% more than the state average of
$1,460.
Can I afford East Providence?
To live comfortably in East Providence (zip 02915), Rhode Island, a minimum annual income of
$67,680 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about East Providence?
The cost of living in 02915 East Providence, RI is relatively high compared to the national average. According to the most recent data from BestPlaces, the median household income in East Providence is $51,922, which is slightly higher than the national median of $50,221. The median home value in East Providence is also much higher than the national average at $301,500. Additionally, housing costs are significantly above average with a median home price of $312,400. The overall cost of living index for East Providence falls around 130 points which means it is 30% more expensive to live here than the average US city. Despite these relatively high costs, residents benefit from a lower unemployment rate and access to an array of amenities such as shopping centers and restaurants that make life more comfortable.