Cost of Living: Manchester, VT vs Riverhead, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Manchester | Riverhead |
|---|---|---|
| Housing Index | 110.0 | 140.0 |
| Median Home Price | $400,000 | $515,000 |
| Average Rent (2 BR Apartment) | $1600 | $2400 |
| Average Rent (2 BR House) | $1648 | $2450 |
Housing Comparison: Manchester vs Riverhead
- The median home price in Riverhead is higher at $515,000, compared to $400,000 in Manchester.
- In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,600 in Manchester.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Manchester | Riverhead |
|---|---|---|
| Electricity Price | $21.91 | $26.08 |
| Natural Gas Price | $18.28 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Manchester vs Riverhead
- Riverhead has higher electricity costs at $26.08 per kWh, versus $21.91 in Manchester.
- Natural gas is more expensive in Manchester at $18.28 per unit, while it is cheaper at $18.13 in Riverhead.
- Utility expenses are equal in both Manchester and Riverhead averaging $250.