Cost of Living: Roanoke, VA vs Providence, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Roanoke | Providence |
|---|---|---|
| Housing Index | 95.0 | 125.0 |
| Median Home Price | $241,000 | $335,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1400 | $2240 |
Housing Comparison: Roanoke vs Providence
- The median home price in Providence is higher at $335,000, compared to $241,000 in Roanoke.
- In Providence, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Roanoke.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Roanoke | Providence |
|---|---|---|
| Electricity Price | $15.31 | $27.03 |
| Natural Gas Price | $19.91 | $21.52 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Roanoke vs Providence
- Providence has higher electricity costs at $27.03 per kWh, versus $15.31 in Roanoke.
- Providence experiences higher natural gas costs at $21.52 per unit, with costs at $19.91 in Roanoke.
- Providence has higher utility expenses, averaging $250, while Roanoke averages $200.