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Charlestown, RI vs Pascoag, RI

117
Charlestown
Rhode Island
VS
+18.5%
99
Pascoag
Rhode Island

There is a significant gap in the cost of living between these two cities. Pascoag is 18.5% cheaper than Charlestown. With a cost index of 99 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pascoag to Charlestown should plan for substantially higher expenses across most categories.

On the housing front, median rent in Charlestown is $1,216/month compared to $1,181/month in Pascoag — a 3% difference. Home values follow the same pattern: Pascoag is more affordable at $335,400 median vs $545,800.

Median household income in Charlestown is $113,281 compared to $101,359 in Pascoag (+11.8%). The higher salaries in Charlestown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Charlestown spend roughly 12.9% of their income on rent, less than the 14% in Pascoag.

Climate-wise, both cities share similar average temperatures (49.2°F vs 52.1°F). Charlestown receives more rainfall at 51.6" per year compared to 47.5" in Pascoag.

Income & Cost

Cost of Living Index
Charlestown
117
Pascoag
99
16% cheaper
Median Household Income
Charlestown
$113,281
11% higher
Pascoag
$101,359

Housing

Median Rent
Charlestown
$1,216
Pascoag
$1,181
3% cheaper
Median Home Value
Charlestown
$545,800
Pascoag
$335,400
39% cheaper
Population
Charlestown
1,648
Pascoag
4,081

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Charlestown $3.02
Pascoag $3.02
US $3.07
🥚
Eggs (grade A, large)
Charlestown $2.46
Pascoag $2.46
US $2.50
🥛
Milk (whole)
Charlestown $3.96
Pascoag $3.96
US $4.03
🍞
Bread (white)
Charlestown $1.82
Pascoag $1.82
US $1.85
🍗
Chicken breast
Charlestown $4.08
Pascoag $4.08
US $4.14
Electricity
Charlestown $0.28
Pascoag $0.28
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Charlestown 49.2°F
Pascoag 52.1°F
Summer High
Charlestown 80°F
Pascoag 84°F
Winter Low
Charlestown 19°F
Pascoag 22°F
Rainfall
Charlestown 51.6"
Pascoag 47.5"
Rainy Days
Charlestown 134d
Pascoag 127d