Cost of Living in Elmira, NY
Housing
The housing market plays a significant role in determining the cost of living in Elmira, NY.
- Housing Index: 90.0 / 100
- Median Home Price is: $105,000
- Average Rent (2 BR Apartment): $1000 per month
- Average Rent (2 BR House): $1200 per month
When considering a move to Elmira, NY, prospective residents can expect a housing index of 90.0, indicating a fairly affordable housing market. The median home price stands at 105000, making homeownership accessible to many. Additionally, average rents are reasonable, with a 2-bedroom apartment costing 1000 and a 2-bedroom house averaging 1200. Choosing Elmira could prove advantageous for those looking to balance affordability with quality of living, as the cost of housing remains lower than national averages.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elmira, 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 Elmira, 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 Elmira is a financially viable option for your relocation.