Cost of Living in Fort plain, NY
Housing
The housing market plays a significant role in determining the cost of living in Fort plain, NY.
- Housing Index: 85.0 / 100
- Median Home Price is: $136,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Evaluating the housing data for Fort plain, NY, it's important to note that the housing index sits at 85.0, indicating a relatively affordable market compared to national averages. With a median home price of 136000, homeownership is achievable for many families. The average rent for a 2-bedroom apartment is 1200, while renting a 2-bedroom house is slightly higher at 1360. Given these figures, exploring the potential for homeownership versus renting becomes crucial, especially in growing markets where long-term investments might offer significant returns.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fort plain, 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.): $200 per month
Living in Fort plain, 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 $200 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 Fort plain is a financially viable option for your relocation.