Housing costs in Westerly?
A typical home costs
$484,500, which is 43.3% more expensive than the national average of
$338,100 and 20.8% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Westerly costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 3.4% more than the state average of
$1,430.
Can I afford Westerly?
To live comfortably in Westerly (zip 02891), Rhode Island, a minimum annual income of
$92,880 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Westerly?
The cost of living in 02891 Westerly, RI is generally considered to be above average compared to other areas in the United States. The median home value in 02891 is $358,000 which is significantly higher than the national median home value of $204,900. Additionally, monthly utilities for a 915sqft apartment range between $95-$150 on average. Transportation costs are also above average with monthly public transportation passes running around $55 and the cost of gasoline around $2.50 per gallon. Despite the higher costs associated with living in 02891 Westerly, RI, its proximity to beaches and other attractions makes it an attractive option for many residents.