Cost of Living: Reading, PA vs Southold, NY

Housing

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

Metric Reading Southold
Housing Index 95.0 Data is updating
Median Home Price $180,000 $835,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1280 $Data is updating

Housing Comparison: Reading vs Southold

  • The median home price in Southold is higher at $835,000, compared to $180,000 in Reading.
  • The rent for a two-bedroom apartment is equal in both Reading and Southold at $1,200.

Utilities

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

Metric Reading Southold
Electricity Price $17.68 $26.08
Natural Gas Price $17.61 $18.13
Other Utilities $220 $Data is updating

Utilities Comparison: Reading vs Southold

  • Southold has higher electricity costs at $26.08 per kWh, versus $17.68 in Reading.
  • Southold experiences higher natural gas costs at $18.13 per unit, with costs at $17.61 in Reading.
  • Utility expenses are equal in both Reading and Southold averaging $220.