Cost of Living in Highland lake, NY
Housing
The housing market plays a significant role in determining the cost of living in Highland lake, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $310,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Considering a move to Highland lake, NY? The median home price of 310000 suggests homeownership could be within reach, but make sure to consider the overall housing market. The housing index of 118.8 indicates varying market conditions, and while rental data remains unspecified for both 2-bed apartments and houses, low costs in rental prices can lead to savings compared to buying. Researching further on local amenities, job markets, and schools can significantly influence your decision. Evaluate all aspects to ensure Highland lake aligns with your lifestyle preferences and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Highland lake, 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 Highland lake, 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 Highland lake is a financially viable option for your relocation.