Cost of Living in New knoxville, OH
Housing
The housing market plays a significant role in determining the cost of living in New knoxville, OH.
- Housing Index: Data is updating
- Median Home Price is: $156,300
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
In considering a move to New knoxville, OH, it’s crucial to note that while the median home price stands at 156300, the housing index indicates a potential imbalance at 0.0. This suggests either an abundance of housing supply or underlying economic issues that could impact property values and rental opportunities. With the average rent for 2-bedroom apartments and houses at 0.0 and 0.0 respectively, prospective residents should weigh these factors carefully. A low housing index could mean less competition but could also require closer scrutiny of the local economy and community services.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New knoxville, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in New knoxville, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable 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 New knoxville is a financially viable option for your relocation.