Cost of Living: Middleburg, VA vs Riverhead, NY

Housing

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

Metric Middleburg Riverhead
Housing Index 120.0 140.0
Median Home Price $750,000 $515,000
Average Rent (2 BR Apartment) $1700 $2400
Average Rent (2 BR House) $1725 $2450

Housing Comparison: Middleburg vs Riverhead

  • In Middleburg, the median home price is higher at $750,000, while in Riverhead it is $515,000.
  • In Riverhead, the rental for a two-bedroom apartment stands at $2,400, while it is $1,700 in Middleburg.

Utilities

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

Metric Middleburg Riverhead
Electricity Price $15.31 $26.08
Natural Gas Price $19.91 $18.13
Other Utilities $250 $250

Utilities Comparison: Middleburg vs Riverhead

  • Riverhead has higher electricity costs at $26.08 per kWh, versus $15.31 in Middleburg.
  • Natural gas is more expensive in Middleburg at $19.91 per unit, while it is cheaper at $18.13 in Riverhead.
  • Utility expenses are equal in both Middleburg and Riverhead averaging $250.