Cost of Living in Corfu, NY
Housing
The housing market plays a significant role in determining the cost of living in Corfu, NY.
- Housing Index: 110.0 / 100
- Median Home Price is: $160,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1200 per month
When considering a move to Corfu, NY, homeowners will encounter a housing index of 110.0, which indicates that the area is above the national average. The median home price stands at 160000, presenting a more accessible option compared to some markets. With an average rent of 1200 for a 2-bedroom apartment and 1200 for a house, renters might find this market competitive. Those looking for long-term stability might favor buying over renting, particularly in a city where home values could appreciate over time.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Corfu, 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.): $250 per month
Living in Corfu, 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 $250 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 Corfu is a financially viable option for your relocation.