Cost of Living in Elba, NY

Housing

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

  • Housing Index: Data is updating
  • Median Home Price is: $150,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

When considering a move to Elba, NY, it's essential to recognize the current housing statistics. With a median home price of 150000, the affordability may be attractive compared to nearby areas. However, the provided housing index of 0.0 suggests little to no market activity or may indicate a challenging environment for renters and homebuyers alike. The lack of data for average rents on a 2BR apartment and house means potential residents should investigate local amenities and employment opportunities. This absence of rental data could imply limited options, crucial in your decision-making process.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elba, 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.): Data is updating

Living in Elba, 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 data unavailable 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 Elba is a financially viable option for your relocation.