Zip 02872 (Prudence Island, RI) Cost of Living


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Prudence Island cost of living score
118.7
More expensive
18.7% higher
than the US average
5.5% higher
than the Rhode Island average
Prudence Island (zip 02872), Rhode Island gets a BestPlaces Cost of Living score of 118.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.7% higher than the U.S. average and 5.5% lower than the average for Rhode Island.

Zip 02872 (Prudence Island, RI)

Housing costs in Prudence Island?
A typical home costs $394,700, which is 16.7% more expensive than the national average of $338,100 and 1.6% less expensive than the average Rhode Island home, at $401,200. Renting a two-bedroom unit in Prudence Island costs $2,110 per month, which is 47.6% more than the national average of $1,430 and 32.2% more than the state average of $1,430.

Can I afford Prudence Island?
To live comfortably in Prudence Island (zip 02872), Rhode Island, a minimum annual income of $75,600 for a family, and $70,000 for a single person is recommended.

What does A.I. say about Prudence Island?
The cost of living in 02872 Prudence Island, RI is relatively high due to its rural location and remote nature. Prices for housing and local amenities are higher than in other parts of the country, and utilities can be expensive due to their reliance on diesel fuel. Despite these costs, it's important to note that residents often cite the peacefulness and natural beauty as a major benefit of living here, making the cost of living an overall worthwhile investment.
   Cost of living score
     CategoriesPrudence IslandRhode IslandUnited States
  118.7112.5100.0
  105.4106.5100
  87.285.5100.0
  106.6128.8100.0
  $394,700$401,200$338,100
  111.5%115.9%100.0%
  102.6106.1100.0
  130.9113.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime