Cost of Living in Tuxedo park, NY
Housing
The housing market plays a significant role in determining the cost of living in Tuxedo park, NY.
- Housing Index: 120.0 / 100
- Median Home Price is: $1,000,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
Considering a move to Tuxedo park, NY? With a housing index of 120.0, which is significantly above the national average, affordability may be a concern. The median home price stands at 1000000, indicating a premium market. Additionally, average rents for a 2-bedroom apartment at 2300 and a 2-bedroom house at 2400 may strain budgets. While the area's amenities or job opportunities can justify the costs, make sure to carefully evaluate financial viability, especially if you plan to settle long-term. Always consider broader economic factors that influence housing trends in the region.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tuxedo park, 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.): $250 per month
Living in Tuxedo park, 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 $250 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 Tuxedo park is a financially viable option for your relocation.