Cost of Living in Conklin, NY
Housing
The housing market plays a significant role in determining the cost of living in Conklin, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $227,500
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Based on the provided information for Conklin, NY, the housing market appears particularly favorable with a median home price of 227500. However, with a housing index of 118.8 and both the average rent for a 2BR apartment and house noted as 2943 and 3199, there may be notable concerns regarding rental inventory or market activity. Potential buyers may find an advantageous entry point, while renters might explore other nearby alternatives given the lack of current rental prices. Ψ΄Always consider local amenities, lifestyle, and future development when 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 Conklin, 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 Conklin, 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 Conklin is a financially viable option for your relocation.