Westerly, RI, has a higher cost of living compared to the nationwide average, with a total index of 107. This indicates that residents of Westerly spend 7% more on average across various categories than the national average, which stands at 100. Each category varies slightly; housing costs the most at 20% above the average, followed by groceries at 5%. Utilities and healthcare are slightly below the national average, while transportation and miscellaneous costs are just above it.
Overall, Westerly presents a living situation that reflects a mix of both higher and lower expenses compared to the nation. This detailed insight helps job seekers understand the financial landscape when considering relocation.
Westerly, Rhode Island, presents a unique cost of living that may influence job seekers considering the move. According to recent data, the housing cost of living index in Westerly stands at 120, which is 20% higher than the nationwide average. This increase suggests that housing expenses, including rent and mortgage costs, are notably greater in Westerly compared to the national norm.
In addition to housing, other costs are also slightly above average. For instance, groceries have a cost of living index of 105, which is 5% higher. Transportation costs are 10% higher, with an index of 110. Utilities, however, are slightly lower at 95, showing a 5% decrease from the national average. Healthcare costs remain on par with the national average at 100, offering no significant advantage or disadvantage. Miscellaneous costs are also close to the average at 102, reflecting a 2% increase. Understanding these costs can help potential residents make informed decisions about relocating to Westerly.
