Coventry, RI, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Coventry stands at 103, which is 3% above the national average of 100. This increase is primarily driven by housing costs, which are 12% higher than the national average.
Despite this, other categories like groceries and utilities remain close to the national average, indicating a relatively balanced cost structure. Job seekers should consider these factors when evaluating living expenses in Coventry.
Coventry, RI, shows a cost of living index that varies across different categories when compared to the nationwide average, which is set at 100. Housing costs in Coventry stand at 112, indicating that residents pay 12% more than the national average for housing. This higher index suggests that finding affordable housing may be more challenging in Coventry compared to other areas.
Other expenses also reflect a similar trend. For groceries, the cost of living index is 105, meaning residents spend 5% more on food items. Transportation costs are slightly above the average at 101, indicating a 1% increase. Healthcare costs are slightly below the national average at 97, which means residents spend 3% less on healthcare services. Utilities and miscellaneous expenses are close to the national average, with indices of 98 and 104, respectively, showing minimal differences. Overall, Coventry's cost of living is slightly higher than the national average, particularly in housing and groceries.