Cost of Living in Wainscott, NY
Housing
The housing market plays a significant role in determining the cost of living in Wainscott, NY.
- Housing Index: 125.0 / 100
- Median Home Price is: $1,695,000
- Average Rent (2 BR Apartment): $2254 per month
- Average Rent (2 BR House): $2450 per month
When considering a move to Wainscott, NY, it's important to review the current housing market. With a housing index of 125.0, the area shows relatively high property prices. The median home price at 1695000 suggests a competitive market, which may appeal to investors or those seeking long-term appreciation. Rental options are also available, with an average rent of 2254 for a 2-bedroom apartment and slightly higher at 2450 for a 2-bedroom house. Keep in mind, that local amenities, schools, and transportation will significantly affect living costs and property values.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wainscott, 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.): $250 per month
Living in Wainscott, 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 $250 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 Wainscott is a financially viable option for your relocation.