Cumberland, RI, has a higher cost of living compared to the nationwide average. The overall cost of living index in Cumberland stands at 108, which is 8% higher than the national average of 100. This increase is primarily driven by higher housing costs, which are 20% above the average, and healthcare expenses, which are 15% higher.
Despite these elevated costs, Cumberland offers a balanced living experience with some categories, like groceries and utilities, aligning closely with the national average. This nuanced picture helps job seekers understand the financial landscape of Cumberland, RI, in relation to the broader U.S. context.
Cumberland, RI, shows a higher cost of living compared to the nationwide average in several areas. Housing costs in Cumberland are 20% higher than the national average, with an index of 120. This means that expenses related to renting or buying a home are significantly more than what people might expect on average. Groceries also cost more, with an index of 105, indicating a 5% increase over the national average.
Transportation costs in Cumberland are 10% higher than the average, with an index of 110. This suggests that people in Cumberland may spend more on fuel, public transport, or vehicle maintenance. Healthcare costs are also elevated, with an index of 115, showing a 15% increase. This could mean higher expenses for medical services and insurance. Utilities and miscellaneous costs, however, are close to the national average, with indices of 95 and 100, respectively. These figures provide a clear picture of where Cumberland stands in terms of cost of living compared to the rest of the country.
