Cost of Living: Irving, TX vs Riverhead, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Irving | Riverhead |
|---|---|---|
| Housing Index | 97.5 | 140.0 |
| Median Home Price | $393,765 | $515,000 |
| Average Rent (2 BR Apartment) | $1800 | $2400 |
| Average Rent (2 BR House) | $1872 | $2450 |
Housing Comparison: Irving vs Riverhead
- The median home price in Riverhead is higher at $515,000, compared to $393,765 in Irving.
- In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,800 in Irving.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Irving | Riverhead |
|---|---|---|
| Electricity Price | $14.47 | $26.08 |
| Natural Gas Price | $26.29 | $18.13 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Irving vs Riverhead
- Riverhead has higher electricity costs at $26.08 per kWh, versus $14.47 in Irving.
- Natural gas is more expensive in Irving at $26.29 per unit, while it is cheaper at $18.13 in Riverhead.
- Riverhead has higher utility expenses, averaging $250, while Irving averages $200.