Cost of Living in West hempstead, NY
Housing
The housing market plays a significant role in determining the cost of living in West hempstead, NY.
- Housing Index: 118.8 / 100
- Median Home Price is: $563,000
- Average Rent (2 BR Apartment): $2943 per month
- Average Rent (2 BR House): $3199 per month
Considering a move to West hempstead, NY? The current housing index of 118.8 indicates favorable conditions, though it shows a notably zero value for both average rent for 2BR apartments and houses. This signals a potential anomaly or market fluctuation that might warrant further investigation. The median home price is pegged at 563000, making homeownership a potentially robust investment in the long term. Discuss your options with a local expert to better navigate these figures, and be aware of emerging trends which could contribute greatly to your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in West hempstead, 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 West hempstead, 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 West hempstead is a financially viable option for your relocation.