Cost of Living in Otisville, NY
Housing
The housing market plays a significant role in determining the cost of living in Otisville, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $290,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
In analyzing the housing situation in Otisville, NY, the data indicates a median home price of 290000, suggesting relatively affordable entry points for homeowners. However, with a housing index of 118.8, it appears there might be little balance in the rental market, as average rents for a 2-bedroom apartment and house are both reported as zero. This lack of rental data could reveal a tight rental market or a need for more available properties. Considering nearby areas, as well as job opportunities and community amenities, could enhance your decision-making in relocating here.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Otisville, 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 Otisville, 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 Otisville is a financially viable option for your relocation.