Housing costs in Wood River Junction?
A typical home costs
$407,500, which is 20.5% more expensive than the national average of
$338,100 and 1.6% more expensive than the average Rhode Island home, at
$401,200. Renting a two-bedroom unit in Wood River Junction costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 9.5% more than the state average of
$1,430.
Can I afford Wood River Junction?
To live comfortably in Wood River Junction (zip 02894), Rhode Island, a minimum annual income of
$78,120 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Wood River Junction?
The cost of living in 02894 Wood River Junction, RI is typically a bit higher than the national average due to its rural location. Home prices are generally not too high, but the typical cost of groceries and other necessities may be a bit more expensive. Fortunately, there is no sales tax in Rhode Island which helps balance out the cost of living in the area. Additionally, public transportation options are limited since it is a rural area, so having a car can be beneficial for getting around. Overall, 02894 Wood River Junction offers an affordable lifestyle with plenty of access to outdoor activities and recreation opportunities that make it worth considering for those looking for a more laid-back lifestyle.