Cost of Living in Frederiksted, VI
Housing
The housing market plays a significant role in determining the cost of living in Frederiksted, VI.
- Housing Index: Data is updating
- Median Home Price is: $205,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In analyzing the data for Frederiksted, VI, we see a housing index of None, which may indicate limited availability or a stagnant market. With the median home price at 205000, the affordability of owning property is relatively high compared to many regions. However, both average rent for a 2BR apartment and house being None and None respectively suggests a low rental market, potentially indicating a high rate of homeownership or lack of rental inventory. Prospective residents should consider this data alongside local amenities, schools, and job opportunities for a holistic view.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Frederiksted, VI.
- Electricity Price: Data is updating (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Frederiksted, VI could entail higher utility costs. Electricity costs sit at data unavailable, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable 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 Frederiksted is a financially viable option for your relocation.