Housing costs in North Smithfield?
A typical home costs
$417,700, which is 23.5% more expensive than the national average of
$338,100 and 4.1% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in North Smithfield costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 7.1% more than the state average of
$1,430.
Can I afford North Smithfield?
To live comfortably in North Smithfield (zip 02896), Rhode Island, a minimum annual income of
$79,920 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about North Smithfield?
The cost of living in 02896 North Smithfield, RI is relatively high compared to the rest of the United States. The median home value is $258,400 and the median rent is $1,493, both of which are well above average when compared to other states. Additionally, the average cost for goods and services is 6.2% higher than the national average. This includes groceries, healthcare costs, and transportation costs. Despite these high prices, it's still a great place to live with easy access to Providence and Boston as well as all the other amenities that come with living in such an affluent area.