Cost of Living in Hamden, NY
Housing
The housing market plays a significant role in determining the cost of living in Hamden, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
When considering a move to Hamden, NY, you’ll find that the median home price stands at an attractive 150000. Although the housing index, along with the average rent for a 2-bedroom apartment and house, is currently at 0.0, it suggests a potential for upcoming development or shifts in housing trends. Consider other factors such as job opportunities, local amenities, and community culture in your decision-making process. Overall, the affordable median home price could present an excellent opportunity for future homeowners.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hamden, 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 Hamden, 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 Hamden is a financially viable option for your relocation.