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Cost of Living in Rhode Island
Cost of living in Rhode Island The Household Budget
Cost of Living in Rhode Island Owning Median-priced Cost of Living in Rhode Single-family HomeIsland Owning Median-priced v. Single-family Home Median Household Income v. $8,000 Median Household Income $8,000 $7,000 $7,000 $6,000
Homeownership
100% Total Expenses Total Expenses
$6,841 100% $6,841
$6,000 $5,000
65%
$5,000 $4,000
$4,464 65%
$4,000 $3,000
$4,464
$3,000 $2,000
Median Household income in Median Rhode Island Household (monthly) income in Rhode Island (monthly)
Food Transportation Childcare Health Insurance Utilities Mortgage, Property Tax & Insurance Federal and State Taxes other Expenses Total Expenses Median Household Income in Rhode Island (monthly)
$ $ $ $ $ $ $ $
$
803 529 1,494 251 381 1,782 980 622 6,841*
$ 4,464
$2,000 $1,000 $1,000
Cost of Living in Rhode Island Renting an Average-priced Cost2-bedroom of Living inApartment Rhode Island Renting an Average-priced v. 2-bedroom Apartment Median Household Income v. $7,000 Median Household Income $7,000 $6,000 $6,000 $5,000 $5,000 $4,000 $4,000 $3,000
Rental
100% $6,236 100% $6,236 72% $4,464 72% $4,464
$3,000 $2,000
Total Expenses Total Expenses Median Household income in Median Rhode Island Household (monthly) income in Rhode Island (monthly)
$2,000 $1,000 $1,000
*For data sources and methodology, turn to page 50.
HousingWorks RI 2009 Fact Book
Food Transportation Childcare Health Insurance Utilities Average-priced 2-Bedroom Apartment Federal and State Taxes other Expenses Total Expenses Median Household Income in Rhode Island (monthly)
$ $ $ $ $ $ $ $
$
803 529 1,494 251 381 1,232 980 567 6,236*
$ 4,464