Cost of Living: Albany, OR vs Riverhead, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albany | Riverhead |
|---|---|---|
| Housing Index | 98.0 | 140.0 |
| Median Home Price | $315,000 | $515,000 |
| Average Rent (2 BR Apartment) | $1400 | $2400 |
| Average Rent (2 BR House) | $1440 | $2450 |
Housing Comparison: Albany vs Riverhead
- The median home price in Riverhead is higher at $515,000, compared to $315,000 in Albany.
- In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,400 in Albany.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albany | Riverhead |
|---|---|---|
| Electricity Price | $15.12 | $26.08 |
| Natural Gas Price | $16.5 | $18.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albany vs Riverhead
- Riverhead has higher electricity costs at $26.08 per kWh, versus $15.12 in Albany.
- Riverhead experiences higher natural gas costs at $18.13 per unit, with costs at $16.5 in Albany.
- Utility expenses are equal in both Albany and Riverhead averaging $250.