Cost of Living in Broadalbin, NY
Housing
The housing market plays a significant role in determining the cost of living in Broadalbin, NY.
- Housing Index: Data is updating
- Median Home Price is: $174,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Broadalbin, NY, it's crucial to analyze the housing index, which in this case stands at 0.0. The median home price is quite attractive at 174000, which may signal a relatively affordable housing market. However, with reported average rents for both 2-bedroom apartments and houses at 0.0 and 0.0, respectively, it's essential to consider the overall rental landscape. Lower housing index values could indicate potential investment opportunities. Ensure to explore amenities, local job markets, and community vibes before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Broadalbin, 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.): Data is updating
Living in Broadalbin, 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 data unavailable 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 Broadalbin is a financially viable option for your relocation.