Cost of Living in Hinsdale, NY
Housing
The housing market plays a significant role in determining the cost of living in Hinsdale, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Considering moving to Hinsdale, NY? With a housing index of 118.8, it's important to weigh your options carefully. The average rent for a 2-bedroom apartment stands at 2943, while a 2-bedroom house averages 3199. However, the median home price is currently at 0, indicating potential investment opportunities in home ownership could be limited. Depending on your financial situation, it may be advantageous to focus on renting rather than purchasing a home right now. Always keep in mind how local amenities and job opportunities could influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hinsdale, 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 Hinsdale, 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 Hinsdale is a financially viable option for your relocation.