Housing costs in East Providence?
A typical home costs
$374,000, which is 10.6% more expensive than the national average of
$338,100 and 6.8% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in East Providence 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 East Providence?
To live comfortably in East Providence (zip 02916), Rhode Island, a minimum annual income of
$71,640 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about East Providence?
The cost of living in 02916 East Providence, RI is quite reasonable. The median home value in this zip code is $233,400, which is lower than the average for Rhode Island. The median rent price is also lower than that of the state at just $1,132 a month. For those looking to save money while still enjoying all of the conveniences and attractions that a city offers, East Providence provides an ideal option with its relatively low cost of living. Groceries, utilities, and transportation costs are all generally on the lower side when compared to other locations in Rhode Island.