Cost of Living in Altamont, NY
Housing
The housing market plays a significant role in determining the cost of living in Altamont, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
If you're considering relocating to Altamont, NY, the housing market must be taken into account. While the housing index suggests little competition or fluctuation, with a median home price of 350000, it indicates a potentially stable investment. Rent prices for 2-bedroom apartments or houses are currently not specified, but typically, lower rental costs can attract new residents. Evaluate how Altamont, NY aligns with your budget, lifestyle needs, and future growth potential, as this can influence not only your living experience but your overall investment in the community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Altamont, NY.
- Electricity Price: $26.08 USD (median by state)
- Natural Gas Price: $18.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $259 per month
Living in Altamont, NY could entail higher utility costs. Electricity costs sit at $26.08, while natural gas is priced at $18.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $259 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Altamont is a financially viable option for your relocation.