Cost of Living in Camden, NY
Housing
The housing market plays a significant role in determining the cost of living in Camden, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $156,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Based on the data from Camden, NY, the housing index is remarkably low at 118.8, suggesting that housing may be more affordable relative to other regions. The median home price stands at 156000, indicating a favorable position for homebuyers looking for entry-level prices. However, with the average rent for both 2-bedroom apartments and houses at 2943 and 3199 respectively showing no available data, further investigation may be needed. Overall, this may present a unique opportunity for potential homeowners in the area as long-term investment values could be favorable, especially compared to higher-priced markets.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Camden, 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 Camden, 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 Camden is a financially viable option for your relocation.