Cost of Living: Providence, RI vs Fredericksburg, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Providence | Fredericksburg |
|---|---|---|
| Housing Index | 125.0 | 110.0 |
| Median Home Price | $335,000 | $342,000 |
| Average Rent (2 BR Apartment) | $2200 | $1600 |
| Average Rent (2 BR House) | $2240 | $1650 |
Housing Comparison: Providence vs Fredericksburg
- The median home price in Fredericksburg is higher at $342,000, compared to $335,000 in Providence.
- Renting a two-bedroom apartment costs more in Providence at $2,200 than in Fredericksburg at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Providence | Fredericksburg |
|---|---|---|
| Electricity Price | $27.03 | $15.31 |
| Natural Gas Price | $21.52 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Providence vs Fredericksburg
- Electricity costs are higher in Providence at $27.03 per kWh, compared to $15.31 in Fredericksburg.
- Natural gas is more expensive in Providence at $21.52 per unit, while it is cheaper at $19.91 in Fredericksburg.
- Utility expenses are equal in both Providence and Fredericksburg averaging $250.