Cost of Living in Central falls, RI
Housing
The housing market plays a significant role in determining the cost of living in Central falls, RI.
- Housing Index: Data is updating
- Median Home Price is: $224,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In Central falls, RI, the housing market indicators suggest opportunities for homebuyers. With a median home price of 224000, this may attract those looking for affordability. However, the absence of rental data—average rent for both a 2-bedroom apartment and house at \$0—raises questions about the rental market dynamics and market activity locally. As you contemplate this transition, understanding the broader economic factors and population trends in Central falls is crucial for informed decision-making. Look deeper into potential neighborhood development and amenities to ensure it aligns with your lifestyle desires.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Central falls, RI.
- Electricity Price: $27.03 USD (median by state)
- Natural Gas Price: $21.52 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Central falls, RI could entail higher utility costs. Electricity costs sit at $27.03, while natural gas is priced at $21.52 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Central falls is a financially viable option for your relocation.