Cost of Living in Central islip, NY
Housing
The housing market plays a significant role in determining the cost of living in Central islip, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $485,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Considering the housing market in Central islip, NY, the current median home price is quite high at 485000, suggesting a competitive housing environment. However, the housing index of 118.8 indicates potential stabilization or stagnation in property values. With both average rents for 2-bedroom apartments and houses currently reported at 2943 and 3199, it's essential to evaluate the affordability of both purchasing and renting. If buying a home aligns with your financial goals, exploring local employment opportunities and other cost-of-living factors may provide further insight into making the best decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Central islip, 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 Central islip, 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 Central islip is a financially viable option for your relocation.