Cost of Living in Katonah, NY
Housing
The housing market plays a significant role in determining the cost of living in Katonah, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $815,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Considering a move to Katonah, NY? With a median home price of 815000, the housing market might seem daunting, given the zero housing index indicating either an unprofitable market or data entry error. Typically, areas with high home prices often signal strong appreciation potential. However, without available rental figures—2943 for a two-bedroom apartment and 3199 for a house—projections about short-term affordability are murky. Research into local amenities, job market trends, and future developments will yield a fuller understanding to support your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Katonah, 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 Katonah, 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 Katonah is a financially viable option for your relocation.