Connect with us

Rhode Island

GoLocalProv | News | Five Staggering Numbers –  The Costs to Live, Eat and Put a Roof Over Your Head in RI

Published

on

GoLocalProv | News | Five Staggering Numbers –  The Costs to Live, Eat and Put a Roof Over Your Head in RI


Saturday, September 24, 2022

 

View Bigger +

Advertisement

PHOTOS: File

The price of residing, consuming, turning on the lights, or getting sick is growing at a staggering price in Rhode Island.

The federal authorities produces a dizzying array of information concerning the situation of the financial system and the speed of inflation however too typically it is a macro look dwarfed by information from states like California.  (If California had been a sovereign nation in 2022, it could rank because the world’s fifth largest financial system, behind Germany and forward of India.)

That hardly issues to the value of Del’s in Rhode Island. What does matter in Rhode Island is the value of Del’s — and many different issues we’d like for fundamental meals and shelter.

GET THE LATEST BREAKING NEWS HERE — SIGN UP FOR GOLOCAL FREE DAILY EBLAST

Advertisement

Listed below are just a few of the will increase which can be hitting or are quickly coming to your pockets that can have a major impression on how we stay, save and luxuriate in a high quality of life.

 

View Bigger +

PHOTO: GoLocal

Roof Over Your Head

Advertisement

The median value price of a single-family in April of 2015, was $202,500. In August of this yr, the median value was $405,000 — a 100% enhance.

This week, Kim Marion with Mott & Chace Sotheby’s Worldwide identified that the common mortgage fee is up 53% (and that was earlier than this week’s newest rate of interest hike by the Fed.)

Rents within the Windfall metro space are actually $2,035, in accordance with Realtors.com.  Renters pay 31.9% of their revenue  — the ninth highest within the U.S.

Rents elevated 15% yr over yr within the Windfall market.

Whereas residence costs have exploded, wages have elevated at a fraction of the speed — between 3% and 5% per yr over the previous 5 years.

Advertisement

 

 

 

View Bigger +

PHOTO: Inn at Fort Hill

Advertisement

Eat

A Black Pearl lobster sandwich price $22.00 in 2020 on the Newport restrauant — now, $34.00 — a 54% enhance in two years.

 

 

Turning on the Lights

Advertisement

On Friday, the Public Utilities Fee accepted a price enhance for RI Vitality of 47%. The impression on common will probably be a whole bunch of {dollars} for the common Rhode Island residence, however for some who warmth with electrical warmth, it will likely be hundreds — a staggering enhance for patrons on a set revenue.

 

 

Turning on the Warmth

Nearly all of Rhode Islanders warmth with pure gasoline — RI Vitality has filed with the PUC to extend the price of pure gasoline by 15% this winter.

Advertisement

 

 

View Bigger +

PHOTO: File

Price of Healthcare

Advertisement

This week the Rhode Island Workplace of Well being Insurance coverage Commissioner (OHIC) accepted price will increase for the price of medical health insurance — the will increase ranged from 3.1% to 9.7%.

The very best price enhance was the 9.7% accepted for Blue Cross & Blue Protect of Rhode Island for small companies.

Based on information supplied to GoLocal by OHIC, the full price of the accepted price will increase is in extra of $83 million for a blended over price enhance of over 7%.

 

 

Advertisement

Get pleasure from this submit? Share it with others.





Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Rhode Island

Thanksgiving Forecast: What travelers can expect from Rhode Island weather this week

Published

on

Thanksgiving Forecast: What travelers can expect from Rhode Island weather this week


play

It’s the week of Thanksgiving and that means people are going to be traveling all over the country.

But will the weather in Rhode Island put a hamper on those who are making their way to other destinations in the country?

Advertisement

AAA projects a record 71.7 million people will travel by car for Thanksgiving nationwide, which represents an additional 1.3 million travelers on the road compared to last year.

Other means of travel are expected to increase this year as well.

So how will the weather affect things? Here’s what to know.

What’s the weather expected to be like in Rhode Island this week?

The weather isn’t looking ideal for travelers – particularly on Thanksgiving Day.

Advertisement

Meteorologist Candice Hrencecin of the National Weather Service branch in Norton told USA Network on Monday, Nov. 25 that there’s a chance of rain starting Tuesday.

“It won’t be anything crazy,” she said.

But she added that there’s a weather system coming in Thursday that could produce snow in some parts of Rhode Island, noting there are no predicted amounts yet, adding meteorologists are still trying to figure out the timing of the storm.

“It seems like it will be mostly rain around here but it could be worse than that,” Hrencecin said, adding snow could be a factor. She explained the weather models on this storm make it tough to predict.

Advertisement

If there were snow, Hrencecin said it would be in the higher elevations of the state, such as the northwest corner.

How warm will it be on Thanksgiving?

While it’s not going to be freezing, it also won’t be warm on Thanksgiving. In Rhode Island, high temperatures are expected to be in the low 50s on Thursday.



Source link

Advertisement
Continue Reading

Rhode Island

Man fatally shot in Providence

Published

on

Man fatally shot in Providence


A 49-year-old man was shot to death in Providence, Rhode Island, Sunday evening.

Providence Police tell NBC10 Boston affiliate WJAR that the shooting occurred around 7:30 p.m. at 49 Monticello Street.

The victim, identified as Keith Singleton, was shot multiple times. He was rushed to Rhode Island Hospital, where he was pronounced dead.

There was no immediate word on a possible suspect, or any arrests.

Advertisement

An investigation is ongoing.



Source link

Continue Reading

Rhode Island

Brown’s 17 lead Rhode Island over Charleston (SC) 91-53

Published

on

Brown’s 17 lead Rhode Island over Charleston (SC) 91-53


Associated Press

KINGSTON, R.I. (AP) — Javonte Brown had 17 points in Rhode Island’s 91-53 victory against Charleston (SC) on Sunday.

Brown added seven rebounds and four blocks for the Rams (5-0). Jamarques Lawrence shot 6 for 11, including 4 for 8 from beyond the arc to add 16 points. Sebastian Thomas shot 5 for 10 (3 for 6 from 3-point range) and 2 of 4 from the free-throw line to finish with 15 points.

Advertisement

AJ Smith finished with 10 points for the Cougars (4-2). Derrin Boyd added nine points and four assists for Charleston (SC). Deywilk Tavarez also had nine points.

Rhode Island took the lead with 19:31 left in the first half and did not give it up. Brown led his team in scoring with 10 points in the first half to help put them up 45-16 at the break. Rhode Island outscored Charleston (SC) by nine points over the final half, while Lawrence led the way with a team-high eight second-half points.

NEXT UP

Both teams next play Wednesday. Rhode Island plays Detroit Mercy and Charleston (SC)plays Northern Kentucky at home.

___

Advertisement

The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.




Source link

Continue Reading

Trending