Cumberland, located in Rhode Island, offers a unique blend of suburban charm and accessibility to urban amenities. Understanding the cost of living in Cumberland is crucial for anyone considering moving to or residing in this area.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you make informed financial decisions.
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cumberland offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Housing costs are relatively stable, with average rent for a 1-bedroom apartment in the city centre at $1200.
Transportation costs are manageable, with gasoline prices under $1 per liter and reasonable taxi fares.
In conclusion, Cumberland, RI, presents a balanced cost of living that caters to various lifestyles. The city offers affordable dining and grocery options, making it a suitable choice for individuals and families alike.
While housing and utility costs are moderate, the overall expenses in Cumberland are manageable, providing a comfortable living environment for its residents.