Cost of Living in Mahopac, NY
Housing
The housing market plays a significant role in determining the cost of living in Mahopac, NY.
- Housing Index: 125.0 / 100
- Median Home Price is: $525,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
Considering your potential move to Mahopac, NY, the housing index sits at 125.0, indicating that housing prices are above the national average. The median home price of 525000 can be a significant investment for homebuyers. For renters, an average rent of 2300 for a 2-bedroom apartment and 2400 for a 2-bedroom house suggests a premium market. Given these figures, you may want to evaluate your budget and the area's cost of living, especially in comparison to job opportunities and lifestyle in Mahopac.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mahopac, 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 Mahopac, 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 Mahopac is a financially viable option for your relocation.