Cost of Living in Irvington, NY
Housing
The housing market plays a significant role in determining the cost of living in Irvington, NY.
- Housing Index: 140.0 / 100
- Median Home Price is: $702,500
- Average Rent (2 BR Apartment): $2700 per month
- Average Rent (2 BR House): $2800 per month
When considering a move to Irvington, NY, it's essential to examine the housing market. With a housing index of 140.0, the cost of living is above the national average. The median home price stands at 702500, making homeownership a significant financial commitment compared to the average rent for a two-bedroom apartment at 2700 and a two-bedroom house at 2800. While the rental market offers some flexibility, potential buyers should evaluate their financial readiness against increasing property values and rent trends in this vibrant city.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Irvington, 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.): $350 per month
Living in Irvington, 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 $350 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 Irvington is a financially viable option for your relocation.