Cost of Living: Riverhead, NY vs Eveleth, MN

Housing

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

Metric Riverhead Eveleth
Housing Index 140.0 Data is updating
Median Home Price $515,000 $175,000
Average Rent (2 BR Apartment) $2400 $Data is updating
Average Rent (2 BR House) $2450 $Data is updating

Housing Comparison: Riverhead vs Eveleth

  • In Riverhead, the median home price is higher at $515,000, while in Eveleth it is $175,000.
  • The rent for a two-bedroom apartment is equal in both Riverhead and Eveleth at $2,400.

Utilities

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

Metric Riverhead Eveleth
Electricity Price $26.08 $16.38
Natural Gas Price $18.13 $14.87
Other Utilities $250 $Data is updating

Utilities Comparison: Riverhead vs Eveleth

  • Electricity costs are higher in Riverhead at $26.08 per kWh, compared to $16.38 in Eveleth.
  • Natural gas is more expensive in Riverhead at $18.13 per unit, while it is cheaper at $14.87 in Eveleth.
  • Utility expenses are equal in both Riverhead and Eveleth averaging $250.