Cost of living in Cumberland Hill research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cumberland Hill is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Rhode Island, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cumberland Hill is 118, with 100 being the average.
The cost of living index in Cumberland Hill is 1.2x higher than the national average.
Cumberland Hill ranks as the #9 cheapest in Rhode Island out of 15.
Cumberland Hill ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Cumberland Hill is $305,500.
The median income in Cumberland Hill is $106,827.
According to the most recent data on the cost of living, Cumberland Hill has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Rhode Island, Cumberland Hill has a cost of living index that's 1.1x higher than Rhode Island's index of 111.
The standard of living in Cumberland Hill ranks as #9 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Cumberland Hill ranks as the #6 most expensive place in the Ocean State.
For more reading on life in Cumberland Hill, check out:
Six factors go into calculating the cost of living index in Cumberland Hill. Here is how it fairs on each of the criteria:
The Services index in Cumberland Hill is 117.
The Groceries index in Cumberland Hill is 108.
The Health index in Cumberland Hill is 105.
The Housing index in Cumberland Hill is 123.
The Transportation index in Cumberland Hill is 105.
The Utilities index in Cumberland Hill is 125.
Living Expense | Cumberland Hill | Rhode Island | National Average | |
---|---|---|---|---|
Overall | 118 | 111 | 100 | |
Services | 117 | 115 | 100 | |
Groceries | 108 | 99 | 100 | |
Health | 105 | 106 | 100 | |
Housing | 123 | 116 | 100 | |
Transportation | 105 | 101 | 100 | |
Utilities | 125 | 118 | 100 |
Housing swings affordability the most between places in Rhode Island, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Cumberland Hill is $305,500.
The Median Rent in Cumberland Hill is $979.
The Median Income in Cumberland Hill is $106,827.
The Home Value To Income in Cumberland Hill is 2.9x.
The Rent To Monthly Income in Cumberland Hill is 0.11x.
Statistic | Cumberland Hill | Rhode Island | United States |
---|---|---|---|
Median Home Value | $305,500 | $292,600 | $244,900 |
Median Rent | $979 | $1,097 | $1,163 |
Median Income | $106,827 | $74,489 | $69,021 |
Home Value To Income | 2.9x | 3.9x | 3.5x |
Rent To Monthly Income | 0.11x | 0.18x | 0.2x |
Item | Cumberland Hill | Rhode Island |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $12.75 | $10.68 |
Bowling | $19.67 | $14.67 |
Haircut | $24.44 | $18.62 |
Beauty Salon | $48.53 | $39.05 |
Item | Cumberland Hill | Rhode Island |
---|---|---|
Ground Beef | $3.82 | $4.22 |
Fried Chicken | $1.75 | $1.39 |
Milk | $2.52 | $2.05 |
Potatoes | $4.11 | $3.29 |
Pizza | $10.49 | $10.62 |
Beer | $10.32 | $9.38 |
Toothpaste | $2.53 | $2.34 |
Item | Cumberland Hill | Rhode Island |
---|---|---|
Optometrist | $131.39 | $108.57 |
Doctor | $157.87 | $116.17 |
Dentist | $92.75 | $99.13 |
Item | Cumberland Hill | Rhode Island |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $62.0 | $50.07 |
Item | Cumberland Hill | Rhode Island |
---|---|---|
All Electricity | $240.57 | $167.67 |
Phone | $189.01 | $175.64 |
The cost of living varies in the cities and towns around Cumberland Hill. Here's a quick look at the cost of living in the most populous nearby places:
Pawtucket, RI has a cost of living index of 109, 0.9x Cumberland Hill.
Attleboro, MA has a cost of living index of 121, 1.0x Cumberland Hill.
Woonsocket, RI has a cost of living index of 108, 0.9x Cumberland Hill.
City | Population | Cost Of Living | Vs. Cumberland Hill |
---|---|---|---|
Pawtucket, RI | 75,200 | 109 | 0.9x |
Attleboro, MA | 46,146 | 121 | 1.0x |
Woonsocket, RI | 43,044 | 108 | 0.9x |
Milford, MA | 27,336 | 125 | 1.1x |
Central Falls, RI | 22,192 | 108 | 0.9x |
Valley Falls, RI | 12,064 | 115 | 1.0x |
Greenville, RI | 8,955 | 122 | 1.0x |
Mansfield Center, MA | 7,689 | 129 | 1.1x |
Whitinsville, MA | 7,329 | 123 | 1.0x |
Foxborough, MA | 6,557 | 134 | 1.1x |