Cost of Living in Ballston spa, NY
Housing
The housing market plays a significant role in determining the cost of living in Ballston spa, NY.
- Housing Index: 120.0 / 100
- Median Home Price is: $300000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2165.6 per month
Considering a move to Ballston spa, NY? The housing market here showcases a housing index of 120.0, indicating it's above the national average. The median home price of 300000 provides a pathway for homeownership, while the average rent for a 2-bedroom apartment sits at 2100, with houses slightly higher at 2165.6. Potential buyers and renters should note that while purchasing a home may require a significant upfront investment, renting may offer more flexibility. Always consider local amenities and job prospects, as these can influence your overall satisfaction in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ballston spa, NY.
- Electricity Price: $26.08 USD (median by state)
- Natural Gas Price: $18.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Ballston spa, NY could entail higher utility costs. Electricity costs sit at $26.08, while natural gas is priced at $18.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Ballston spa is a financially viable option for your relocation.