Cost of Living in New riegel, OH
Housing
The housing market plays a significant role in determining the cost of living in New riegel, OH.
- Housing Index: 91.8 / 100
- Median Home Price is: $127,500
- Average Rent (2 BR Apartment): $1363 per month
- Average Rent (2 BR House): $1481 per month
Considering a move to New riegel, OH? The housing market there presents some enticing opportunities. With a median home price of 127500, this area could offer affordable housing options compared to more urban locations. However, note that the housing index is currently at 91.8, suggesting the market might be fluctuating. Furthermore, average rent for a 2-bedroom apartment is 1363 and for a 2-bedroom house is 1481. Now may be an ideal time to buy rather than rent, given favorable home purchasing prices.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New riegel, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $229 per month
Living in New riegel, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet β both aligning with state medians. Expect to budget about $229 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 riegel is a financially viable option for your relocation.