Total monthly cost of ownership
Cost to Own a Home in Greene, Rhode Island
A $358,000 home here costs
$3,136per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,840. The real number is $1,296 higher every month — 70% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Greene against Kent County and Rhode Island
| Measure | Greene | Kent County |
|---|---|---|
| Median home value | $358,200 | $333,900 |
| Median property tax | $6,174 | $4,903 |
| Effective tax rate | 1.724% | 1.468% |
| Median gross rent | — | $1,264 |
| Population | 1,009 | 170,658 |
The weather behind that power bill
Greene sits in Kent County, which averages a high of 85.0°F in its hottest month and a low of 18.4°F in its coldest, with 51.96" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 750 cooling and 5,987 heating degree days, which is what sets the $265 electricity line above.
See the full climate breakdown for Kent County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kent County
Full Kent County cost breakdown · Every county in Rhode Island
Common questions
How much does it cost to own a home in Greene?
A $358,000 home in Greene, Rhode Island costs approximately $3,136 per month with 20% down at 6.66%. That is $1,840 principal and interest, $514 property tax, $150 homeowners insurance, $333 utilities and $298 set aside for maintenance.
What is the property tax rate in Greene?
Greene has an effective property tax rate of 1.724%, based on a median home value of $358,200 and median real estate taxes of $6,174. That is higher than the Kent County average of 1.468%.
What is the average home price in Greene?
The median owner-occupied home value in Greene, Rhode Island is $358,200, against $333,900 across Kent County.
Is it cheaper to rent or buy in Greene?
Rent data is not published for Greene at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Greene — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Rhode Island.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.