Westerly, RI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Westerly, RI Summary

Cost of living in Westerly 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 Westerly 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 Westerly is 121, with 100 being the average.

  • The cost of living index in Westerly is 1.2x higher than the national average.

  • Westerly ranks as the #11 cheapest in Rhode Island out of 15.

  • Westerly ranks as the #4,857 cheapest out of 6,412 in the US.

  • The median home value in Westerly is $327,200.

  • The median income in Westerly is $79,565.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
121
Westerly's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Westerly, RI?

According to the most recent data on the cost of living, Westerly has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to Rhode Island, Westerly has a cost of living index that's 1.1x higher than Rhode Island's index of 111.

The standard of living in Westerly ranks as #11 most affordable out of the 15 places we measured in Rhode Island. By definition, that implies Westerly ranks as the #4 most expensive place in the Ocean State.

For more reading on life in Westerly, check out:

11 out of 15
In Rhode Island
4,857 out of 6,412
In America

Westerly Cost Of Living Vs. Rhode Island

Six factors go into calculating the cost of living index in Westerly. Here is how it fairs on each of the criteria:

  • The Services index in Westerly is 119.

  • The Groceries index in Westerly is 108.

  • The Health index in Westerly is 109.

  • The Housing index in Westerly is 141.

  • The Transportation index in Westerly is 107.

  • The Utilities index in Westerly is 124.

Living Expense Westerly Rhode Island National Average
Overall 121 111 100
Services 119 115 100
Groceries 108 99 100
Health 109 106 100
Housing 141 116 100
Transportation 107 101 100
Utilities 124 118 100
For more reading on cost of living around Rhode Island, check out:
Westerly Cost of Living Vs. RI

Westerly, RI Housing Cost Breakdown

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 Westerly is $327,200.

  • The Median Rent in Westerly is $1,162.

  • The Median Income in Westerly is $79,565.

  • The Home Value To Income in Westerly is 4.1x.

  • The Rent To Monthly Income in Westerly is 0.18x.

Statistic Westerly Rhode Island United States
Median Home Value $327,200 $292,600 $244,900
Median Rent $1,162 $1,097 $1,163
Median Income $79,565 $74,489 $69,021
Home Value To Income 4.1x 3.9x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x
Search Homes For Sale In Westerly, RI
$327,200
Median Home Value
$1,162
Median Rent
$79,565
Median Income

Westerly, RI Costs By Category

Detailed Westerly Services Costs Vs. Rhode Island

Item Westerly 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

Detailed Westerly Groceries Costs Vs. Rhode Island

Item Westerly 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

Detailed Westerly Health Costs Vs. Rhode Island

Item Westerly Rhode Island
Optometrist $131.39 $108.57
Doctor $157.87 $116.17
Dentist $92.75 $99.13

Detailed Westerly Transportation Costs Vs. Rhode Island

Item Westerly Rhode Island
Gasoline $2.15 $2.22
Tire Balancing $62.0 $50.07

Detailed Westerly Utilities Costs Vs. Rhode Island

Item Westerly Rhode Island
All Electricity $240.57 $167.67
Phone $189.01 $175.64

Westerly SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
7
Diversity
6
Safety
8
Amenities
8
Education
8
Commute
7

Cost Of Living In Cities Around Westerly

The cost of living varies in the cities and towns around Westerly. Here's a quick look at the cost of living in the most populous nearby places:

  • Groton, CT has a cost of living index of 112, 0.9x Westerly.

  • Pawcatuck, CT has a cost of living index of 119, 1.0x Westerly.

City Population Cost Of Living Vs. Westerly
Groton, CT 9,333 112 0.9x
Pawcatuck, CT 5,383 119 1.0x

Articles About Rhode Island

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