Cost of Living in West new york, NJ
Housing
The housing market plays a significant role in determining the cost of living in West new york, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $475,000
- Average Rent (2 BR Apartment): $2528 per month
- Average Rent (2 BR House): $2748 per month
In West new york, NJ, the housing market presents a mixed bag. With a housing index of 118.8, FYI, the typically favored benchmark for affordability may point towards challenges. The median home price stands at 475000. A general assessment suggests that without additional data on rental prices — as both the average rent for a 2BR apartment and house show as 0 — it's vital to gather that information. Explore further local amenities, job opportunities, and climate conditions, all crucial to shaping your decision to relocate or invest in West new york.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in West new york, NJ.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $14.01 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $261 per month
Living in West new york, NJ could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $14.01 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $261 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 new york is a financially viable option for your relocation.