salaryRent is lower than in 61% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (83.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $57,800 a year. That is $28 an hour at a full-time job.
Is rent cheaper than other Rhode Island cities?
Yes. Rent here is cheaper than in most of Rhode Island. It is number 3 of 15 cities from cheapest to most expensive.
How much do households earn in Cumberland Hill?
Share of households by yearly income. 52.6% of households earn $100,000 or more.
Rent by apartment size in Cumberland Hill
| Size | Cumberland Hill | U.S. average |
|---|---|---|
| 1 bedroom | $798 | $1,324 |
| 2 bedrooms | $1,769 | $1,509 |
| 3 bedrooms | $2,031 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cumberland Hill overall?
Everyday prices in Rhode Island overall are 2% above the U.S. average (index 102.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cumberland Hill, so the Rhode Island figure is shown.
Taxes and bills in Cumberland Hill
Life in Cumberland Hill
Is it cheaper to rent or buy in Cumberland Hill?
Renting is cheaper right now: about $1,291 a month less.
Owning assumes a typical $394,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,430 for the down payment.
Frequently asked questions
What is the average rent in Cumberland Hill, RI?
Renting in Cumberland Hill costs a median of about $1,445 a month in 2026, including utilities. The Rhode Island median is $1,704.
How much do I need to make to live in Cumberland Hill?
To keep rent under 30% of income, you need about $57,800 a year, or $28 an hour at a full-time job.
Is Cumberland Hill cheap or expensive?
Cumberland Hill is rated Cheap: rent takes 12.3% of the typical household income of $140,751. It ranks 3rd cheapest of 15 Rhode Island cities we track.
How much are property taxes in Cumberland Hill?
The median homeowner in Cumberland Hill pays $4,390 a year in property taxes, about 1.11% of the median home value.
Is Cumberland Hill more expensive than the national average?
Overall prices in Rhode Island are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cumberland Hill?
The median home value in Cumberland Hill is $394,300, about 2.8 times the typical yearly household income.
8,648 people live in Cumberland Hill. Numbers are typical (middle) values.