Cost of Living in Elkins, NH
Housing
The housing market plays a significant role in determining the cost of living in Elkins, NH.
- Housing Index: 112.4 / 100
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): $1989 per month
- Average Rent (2 BR House): $2162 per month
When evaluating your potential move to Elkins, NH, it’s clear that housing affordability is significant, with a median home price of 250000. However, the housing index currently sits at 112.4, indicating potential concerns with market stability or availability. Additionally, without active rental values for 2-bedroom apartments and houses at $0, it suggests limited rental options in this location. Buyers may find better opportunities for long-term investment in homes here, but understanding the overall market conditions is essential before committing. Consider local employment opportunities and amenities for a holistic view before making your relocation decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elkins, NH.
- Electricity Price: $22.44 USD (median by state)
- Natural Gas Price: $17.58 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Elkins, NH could entail higher utility costs. Electricity costs sit at $22.44, while natural gas is priced at $17.58 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 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 Elkins is a financially viable option for your relocation.