Housing costs in Hopkinton?
A typical home costs
$361,700, which is 7.0% more expensive than the national average of
$338,100 and 9.8% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Hopkinton costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 6.7% cheaper than the state average of
$1,430.
Can I afford Hopkinton?
To live comfortably in Hopkinton (zip 02833), Rhode Island, a minimum annual income of
$69,480 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Hopkinton?
The cost of living in 02833 Hopkinton, RI is quite reasonable. The median home value is about $253,200, which is lower than the national average of $184,700. Property taxes are also relatively low when compared to other parts of the state and country. The overall cost of living in the area is 12% lower than the US average, making it an attractive place for families and individuals looking for a more affordable place to live. Groceries, utilities, and transportation are all significantly cheaper than the national average as well. All of this adds up to make 02833 Hopkinton a great place to call home.