Cost of Living in Lake hill, NY
Housing
The housing market plays a significant role in determining the cost of living in Lake hill, NY.
- Housing Index: 115.0 / 100
- Median Home Price is: $310,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1900 per month
Considering a move to Lake hill, NY? With a housing index of 115.0, the market is slightly above the national average, reflecting demand and desirability. The median home price stands at 310000, making homeownership feasible with proper budgeting. Rental prices average around 1800 for a 2BR apartment and 1900 for a 2BR house, indicating a competitive rental market. Keep in mind that these costs can vary by neighborhood, so exploring specific areas within the city can uncover your ideal fit and budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lake hill, 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 Lake hill, 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 Lake hill is a financially viable option for your relocation.