Zip 02898 (Wyoming, RI) Cost of Living


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Wyoming cost of living score
124.3
More expensive
24.3% higher
than the US average
10.5% higher
than the Rhode Island average
Wyoming (zip 02898), Rhode Island gets a BestPlaces Cost of Living score of 124.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.3% higher than the U.S. average and 10.5% lower than the average for Rhode Island.

Zip 02898 (Wyoming, RI)

Housing costs in Wyoming?
A typical home costs $420,000, which is 24.2% more expensive than the national average of $338,100 and 4.7% more expensive than the average Rhode Island home, at $401,200. Renting a two-bedroom unit in Wyoming costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 2.1% more than the state average of $1,430.

Can I afford Wyoming?
To live comfortably in Wyoming (zip 02898), Rhode Island, a minimum annual income of $80,640 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Wyoming?
The cost of living in 02898 Wyoming, RI is fairly affordable compared to the national average. According to Best Places, the cost of living index in Wyoming is 103.2, which is 3.2 points above the U.S. average of 100. This means that the cost of living in Wyoming is slightly higher than the national average but still quite affordable for most people. Housing costs are particularly low in Wyoming with a median home value of $201,800 and an average rent price of $1,033 per month. Additionally, utilities are quite reasonable while groceries and healthcare costs are also slightly below the national average. Overall, 02898 Wyoming is a great place to live for those looking for an affordable cost of living without sacrificing quality and convenience.
   Cost of living score
     CategoriesWyomingRhode IslandUnited States
  124.3112.5100.0
  106.4106.5100
  86.385.5100.0
  125.8128.8100.0
  $420,000$401,200$338,100
  113.3%115.9%100.0%
  104.6106.1100.0
  127.1113.2100.0

   100=National Average

   Average Rent by Bedroom Size
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