Cost of Living in Massapequa park, NY
Housing
The housing market plays a significant role in determining the cost of living in Massapequa park, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $664,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
In assessing the housing situation in Massapequa park, NY, the data indicates a higher-than-average median home price of 664000. The housing index stands at 118.8, which may suggest limited affordability and inventory. With no recorded averages for renting—both for 2-bedroom apartments and houses—it's possible that the rental market is either non-existent or tightly constrained. If you're considering a move, weigh these factors against your budget, and explore nearby areas for more affordable options, as prices can vary significantly in nearby regions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Massapequa park, 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 Massapequa park, 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 Massapequa park is a financially viable option for your relocation.