Cost of Living: Riverhead, NY vs Silt, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Riverhead | Silt |
|---|---|---|
| Housing Index | 140.0 | 110.0 |
| Median Home Price | $515,000 | $463,500 |
| Average Rent (2 BR Apartment) | $2400 | $1800 |
| Average Rent (2 BR House) | $2450 | $1840 |
Housing Comparison: Riverhead vs Silt
- In Riverhead, the median home price is higher at $515,000, while in Silt it is $463,500.
- Renting a two-bedroom apartment costs more in Riverhead at $2,400 than in Silt at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Riverhead | Silt |
|---|---|---|
| Electricity Price | $26.08 | $15.21 |
| Natural Gas Price | $18.13 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Riverhead vs Silt
- Electricity costs are higher in Riverhead at $26.08 per kWh, compared to $15.21 in Silt.
- Natural gas is more expensive in Riverhead at $18.13 per unit, while it is cheaper at $11.3 in Silt.
- Utility expenses are equal in both Riverhead and Silt averaging $250.