Cost of Living in Water mill, NY
Housing
The housing market plays a significant role in determining the cost of living in Water mill, NY.
- Housing Index: Data is updating
- Median Home Price is: $3,010,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Water mill, NY, the median home price stands at an astonishing 3010000. This suggests a premium property market, likely reflecting desirable location or amenities. However, with a housing index of 0.0, it's clear there might be limited availability or declining rental options. Moreover, the average rent for 2BR apartments and houses is currently unlisted, which warrants a closer inspection since it could influence your decision. If affordability is a key factor, considering alternatives and assessing community services is wise before making any commitments.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Water mill, 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 Water mill, 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 Water mill is a financially viable option for your relocation.