Cost of Living in Cohoes, NY
Housing
The housing market plays a significant role in determining the cost of living in Cohoes, NY.
- Housing Index: 0.0 / 100
- Median Home Price is: $259000
- Average Rent (2 BR Apartment): $0.0 per month
- Average Rent (2 BR House): $0.0 per month
Considering a move to Cohoes, NY? With a median home price of 259000, purchasing property here could be an attractive investment, especially considering the affordable entry point in the real estate market. However, it’s important to note that the housing index is currently at zero, indicating a potential lack of available rental properties, which may impact the market's desirability. Consequently, if you are looking for flexible accommodation options, you might need to explore nearby areas for better housing opportunities. Overall, assess your budget and weigh homeownership against potential rental needs carefully.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cohoes, 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.): $0.0 per month
Living in Cohoes, 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 0.0 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 Cohoes is a financially viable option for your relocation.