Cost of Living in Coeymans, NY
Housing
The housing market plays a significant role in determining the cost of living in Coeymans, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Analyzing the housing market in Coeymans, NY, one notable statistic is the median home price of 215000, which suggests a relatively affordable option for potential buyers. However, with a housing index of 118.8, it's essential to consider the availability and demand for housing in the area, as these metrics seem to indicate a market that is either emerging or currently stabilizing. Furthermore, with average rents for a 2-bedroom apartment and house both at 2943 and 3199, respectively, it’s crucial to evaluate the cost of renting versus buying before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Coeymans, 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 Coeymans, 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 Coeymans is a financially viable option for your relocation.