Cost of Living in Fairport, NY
Housing
The housing market plays a significant role in determining the cost of living in Fairport, NY.
- Housing Index: 120.0 / 100
- Median Home Price is: $265,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1900 per month
Considering a move to Fairport, NY? With a housing index of 120.0, it's important to recognize that the median home price is at 265000. Alternatively, the average rent for a 2-bedroom apartment averages 1800, while a 2-bedroom house can go for about 1900. The housing market is showing slightly elevated rental prices, indicating potential competition among renters. This insight may affect your decision based on budget constraints. Always consider the cost of living in relation to your income for a more comprehensive analysis.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fairport, 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 Fairport, 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 Fairport is a financially viable option for your relocation.