Cost of Living in Byron, NY

Housing

The housing market plays a significant role in determining the cost of living in Byron, NY.

  • Housing Index: 118.8 / 100
  • Median Home Price is: $139,000
  • Average Rent (2 BR Apartment): $2943 per month
  • Average Rent (2 BR House): $3199 per month

Considering a move to Byron, NY? The current housing index reflects a low demand or newly developed area, which may offer opportunities for growth. The median home price of 139000 is relatively affordable, indicating a buyer’s market. However, the absence of rental prices for 2-bedroom apartments and houses suggests limited rental inventory or uncertainty in the market. If desire for flexibility and rental options is vital, deeper research into local amenities, growth potential, and community offerings will be crucial to your decision-making process.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Byron, 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 Byron, NY could entail higher utility costs. Electricity costs sit at $26.08, while natural gas is priced at $18.13 per Thousand Cubic Feet β€” 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 Byron is a financially viable option for your relocation.

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