Cost of Living: Cary, NC vs Riverhead, NY

Housing

The housing market plays a significant role in determining the cost of living.

Metric Cary Riverhead
Housing Index 110.0 140.0
Median Home Price $443,500 $515,000
Average Rent (2 BR Apartment) $1750 $2400
Average Rent (2 BR House) $1800 $2450

Housing Comparison: Cary vs Riverhead

  • The median home price in Riverhead is higher at $515,000, compared to $443,500 in Cary.
  • In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,750 in Cary.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Cary Riverhead
Electricity Price $13.72 $26.08
Natural Gas Price $Data is updating $18.13
Other Utilities $200 $250

Utilities Comparison: Cary vs Riverhead

  • Riverhead has higher electricity costs at $26.08 per kWh, versus $13.72 in Cary.
  • Natural gas price data is currently unavailable.
  • Riverhead has higher utility expenses, averaging $250, while Cary averages $200.