Cost of Living: Bay minette, AL vs Riverhead, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Bay minette Riverhead
Housing Index 85.0 140.0
Median Home Price $242,000 $515,000
Average Rent (2 BR Apartment) $1200 $2400
Average Rent (2 BR House) $1360 $2450

Housing Comparison: Bay minette vs Riverhead

  • The median home price in Riverhead is higher at $515,000, compared to $242,000 in Bay minette.
  • In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,200 in Bay minette.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Bay minette Riverhead
Electricity Price $15.03 $26.08
Natural Gas Price $21.76 $18.13
Other Utilities $220 $250

Utilities Comparison: Bay minette vs Riverhead

  • Riverhead has higher electricity costs at $26.08 per kWh, versus $15.03 in Bay minette.
  • Natural gas is more expensive in Bay minette at $21.76 per unit, while it is cheaper at $18.13 in Riverhead.
  • Riverhead has higher utility expenses, averaging $250, while Bay minette averages $220.