Cost of Living: Herkimer, NY vs Philadelphia, PA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Herkimer | Philadelphia |
|---|---|---|
| Housing Index | 110.0 | 120.0 |
| Median Home Price | $145,000 | $285,000 |
| Average Rent (2 BR Apartment) | $1200 | $2100 |
| Average Rent (2 BR House) | $1225 | $2150 |
Housing Comparison: Herkimer vs Philadelphia
- The median home price in Philadelphia is higher at $285,000, compared to $145,000 in Herkimer.
- In Philadelphia, the rental for a two-bedroom apartment stands at $2,100, while it is $1,200 in Herkimer.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Herkimer | Philadelphia |
|---|---|---|
| Electricity Price | $26.08 | $17.68 |
| Natural Gas Price | $18.13 | $17.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Herkimer vs Philadelphia
- Electricity costs are higher in Herkimer at $26.08 per kWh, compared to $17.68 in Philadelphia.
- Natural gas is more expensive in Herkimer at $18.13 per unit, while it is cheaper at $17.61 in Philadelphia.
- Utility expenses are equal in both Herkimer and Philadelphia averaging $250.