Cost of Living: Springfield, OR vs Riverhead, NY

Housing

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

Metric Springfield Riverhead
Housing Index 110.0 140.0
Median Home Price $420,000 $515,000
Average Rent (2 BR Apartment) $1500 $2400
Average Rent (2 BR House) $1580 $2450

Housing Comparison: Springfield vs Riverhead

  • The median home price in Riverhead is higher at $515,000, compared to $420,000 in Springfield.
  • In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,500 in Springfield.

Utilities

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

Metric Springfield Riverhead
Electricity Price $15.12 $26.08
Natural Gas Price $16.5 $18.13
Other Utilities $230 $250

Utilities Comparison: Springfield vs Riverhead

  • Riverhead has higher electricity costs at $26.08 per kWh, versus $15.12 in Springfield.
  • Riverhead experiences higher natural gas costs at $18.13 per unit, with costs at $16.5 in Springfield.
  • Riverhead has higher utility expenses, averaging $250, while Springfield averages $230.