Cost of Living in Ransomville, NY
Housing
The housing market plays a significant role in determining the cost of living in Ransomville, NY.
- Housing Index: Data is updating
- Median Home Price is: $240,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering moving to Ransomville, NY? The housing index is currently at 0.0, indicating a fluctuating or potentially unfavorable market. The median home price sits at a competitive 240000, making it an accessible option for buyers. However, with average rents for a 2-bedroom apartment and house both at 0.0 and 0.0, it's crucial to weigh your long-term plans. In comparison, the housing market can provide wealth-building opportunities that renting may not. We recommend conducting further research into local amenities and employment opportunities before making a final decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ransomville, 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.): Data is updating
Living in Ransomville, 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 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 Ransomville is a financially viable option for your relocation.