Cost of Living in New york mills, NY
Housing
The housing market plays a significant role in determining the cost of living in New york mills, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $195,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Based on the provided data for New york mills, NY, we find a housing index of 118.8, indicating a relatively stable market. The median home price is set at 195000, which is below the national average, suggesting affordability for potential homebuyers. However, with an average rent for a 2-bedroom apartment of 2943 and a house at 3199, it seems renting may not provide substantial savings in the short term compared to homeownership. Consider all available metrics and local amenities to comprehend the full living experience in New york mills!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New york mills, 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 New york mills, NY could entail higher utility costs. Electricity costs sit at $26.08, while natural gas is priced at $18.13 per Thousand Cubic Feet β 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 New york mills is a financially viable option for your relocation.