Barrington, RI, shows a higher cost of living compared to the nationwide average. Specifically, the cost of living index stands at 110, indicating that expenses are 10% higher than the average of 100. Key areas such as housing, groceries, and healthcare contribute to this elevated cost, making Barrington a more expensive place to live.
Breaking down the costs, Barrington’s housing index of 126 shows a 26% increase over the national average. Groceries are also 10% above average, while utilities and transportation remain relatively close to the national average. This data highlights the need for job seekers to consider the overall higher expenses when evaluating living in Barrington, RI.
The cost of living index for Barrington, Rhode Island, shows significant differences compared to the nationwide average, which is set at 100. Housing costs in Barrington are notably higher, with an index of 126. This means that housing expenses in Barrington are 26% above the national average. For those considering a move, the higher cost of housing is a crucial factor to take into account.
In contrast, Barrington's groceries index stands at 110, indicating groceries are 10% more expensive than the national average. Transportation costs also slightly exceed the average, with an index of 105, which is a 5% increase. Utilities, however, are slightly lower, with an index of 95, showing a 5% decrease. Healthcare costs, though higher, are more closely aligned with the average at 115, indicating a 15% increase. Miscellaneous expenses also mirror the national average, with an index of 102, which is a modest 2% increase. These variations highlight the importance of considering multiple factors when evaluating the overall cost of living in Barrington, RI.