Cost of Living in Larchmont, NY
Housing
The housing market plays a significant role in determining the cost of living in Larchmont, NY.
- Housing Index: Data is updating
- Median Home Price is: $1,075,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Larchmont, NY, the current housing landscape reveals a median home price of 1075000. However, with a housing index of 0.0, it suggests a potentially stagnant or unusual market where average rents for a 2-bedroom apartment and house remain at an unclear 0. This can indicate a flushed rental market or may highlight underlying issues. Prospective residents should explore additional factors such as local amenities, job opportunities, and community vibe before making a decision to ensure it aligns with their lifestyle preferences and budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Larchmont, 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 Larchmont, 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 Larchmont is a financially viable option for your relocation.