It’s the dream of every discerning homebuyer to own a property in a vibrant, fast-growing city. If you’re among them, Providence is an ideal option for you considering its stunning architecture and welcoming neighborhoods. However, if you’re wondering where to start your homebuying process the Providence RI real estate agent Robert Rutley will guide you through the journey to buying your perfect slice in this charming city. This guide dives deeper into what it is like to live in Providence. Read on!
1. Cost of Living in Providence
The reasonable cost of living in Providence is the primary magnet attracting many aspiring homebuyers. The city’s overall cost of living is 13% higher than the national average. Housing costs in Providence are 18% higher than the national average, with a median home price of $532K and a monthly median rent price of $1,619.
On the other hand, utility costs are 25% higher than the national average. However, groceries and transportation costs are 2% and 9% higher than the national average respectively. Overall, while the cost of living in Providence may be higher than the national average, it is cheaper to live here than in other cities like Boston.
2. Booming Job Market
The general unemployment rate in Providence stands at 3.20%. in addition, Providence is home to flourishing textile, manufacturing, jewelry, and silverware industries. Some of the largest employers in Providence include the Citizens Financial Group, United Natural Foods, and Textron. If you plan to move to Providence and seek employment opportunities, you have plenty of options.
3. Plenty of Things To Do In Providence
Being a vibrant city with diverse activities, Providence will cater to all your outdoor interests. Here, you can immerse yourself in the city’s cultural scene, historic architecture, and nature trails. You can visit the Roger Williams Park Zoo if you’re a nature enthusiast. Also, the RISD Museum is a haven for art enthusiasts seeking to understand the history of Rhode Island better. Furthermore, if the WaterFire isn’t your type, you can choose to delight yourself in the exemplary Providence Culinary scene.
4. Excellent School System
One must consider before you move is the educational quality of the area. Luckily, Providence has a wide range of public and private schools for your kids. Providence is home to many colleges including Rhode Island College and Brown University. Besides luxury homes for sale in Providence, your education needs are well-catered.
5. Family-friendly neighborhoods
The warm and welcoming gesture of Providence neighbourhoods adds to its positive reputation. Most neighbourhoods in this picturesque city aren’t only secure but are uniquely designed to offer every resident a glimpse of elegance. Buying a home in Providence means you can live in one of its lush neighbourhoods including Cumberland, Barrington, North Kingstown, and College Hill.
Finding Your Providence Luxury Home With Robert Rotley
As you plan to invest in homes for sale in Providence, be prepared to deal with other fierce homebuyers. But if you seek to enjoy a challenge-free homebuying experience, contact Robert Rotley’s realtor team. This expert team prides itself in years of dedicated service to helping local and foreign individuals acquire their Providence luxury homes effortlessly. You, too, aren’t exempt! Call Robert Rotley today to get started.
