Cost of Living in Port kent, NY
Housing
The housing market plays a significant role in determining the cost of living in Port kent, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Analyzing real estate data for Port kent, NY, we see a current housing index of 118.8, indicating potential instability or unpredictability in the market. The median home price stands at 200000, suggesting housing affordability, particularly appealing for first-time buyers. However, with an average rent for a 2BR apartment at 2943 and a 2BR house at 3199, it appears that rental options may be equally or more attractive. Keep in mind that low renting figures typically relate to a stronger buyer's market, allowing for better investment opportunities in Port kent.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Port kent, 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 Port kent, 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 Port kent is a financially viable option for your relocation.