Cost of Living in Kingston, RI
Housing
The housing market plays a significant role in determining the cost of living in Kingston, RI.
- Housing Index: Data is updating
- Median Home Price is: $362,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering your interest in Kingston, RI, the current housing data indicates a remarkable median home price of 362000. However, with a housing index of 0.0, it appears that there may be limited rental options, as both average rents for a 2BR apartment and 2BR house are currently showing zero. This could imply low rental availability or high demand for homeownership. For potential home buyers, May firmly suggest weighing the advantages of buying in this market vs. renting, as median home prices like this can offer long-term benefits if prices steadily rise.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kingston, 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 Kingston, 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 Kingston is a financially viable option for your relocation.