Cost of Living in Silver springs, NY
Housing
The housing market plays a significant role in determining the cost of living in Silver springs, NY.
- Housing Index: Data is updating
- Median Home Price is: $193,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Silver springs, NY, the current housing data shows a housing index of 0.0, with a median home price of 193000. While there are no available average rents for 2BR apartments or houses, the lower median home price could indicate a potentially favorable buying market. In the broader context, research indicates that homes in this price range often attract buyers looking for affordability amidst rising costs elsewhere. Keep in mind that future trends, local amenities, and job markets can also greatly influence living decisions in Silver springs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Silver springs, 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 Silver springs, 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 Silver springs is a financially viable option for your relocation.