Housing costs in North Providence?
A typical home costs
$352,600, which is 4.3% more expensive than the national average of
$338,100 and 12.1% less expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in North Providence costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 4.7% more than the state average of
$1,430.
Can I afford North Providence?
To live comfortably in North Providence (zip 02911), 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 North Providence?
The cost of living in 02911 North Providence, RI is relatively high compared to the national average. The overall cost of living index score for North Providence is 111.8, which is 11.8 points higher than the US average of 100. Housing costs are especially high in this area, with median home prices coming in at $252,500 and median rent prices reaching just over $1,000 per month. Other goods and services such as food, transportation, and healthcare also tend to be more expensive than in other areas of the country. Despite these higher living costs however, many residents have found that North Providence is worth the expense due to its close proximity to major cities and excellent job opportunities within the area.