Cost of Living in Sinclairville, NY
Housing
The housing market plays a significant role in determining the cost of living in Sinclairville, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Based on the provided data for Sinclairville, NY, the median home price stands at an attractive 125000. However, it's concerning to see that the housing index is at 0.0, indicating a potential lack of available housing or market stability issues. With both average rents for a 2-bedroom apartment and house also at 0.0, it suggests that renting options may be very limited or non-existent. Ultimately, while homeownership may initially seem appealing, the underlying rental market dynamics could influence your decision. Research further into neighborhood amenities and community factors before making a commitment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sinclairville, 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 Sinclairville, 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 Sinclairville is a financially viable option for your relocation.