Cost of Living in Rochester, NY
Housing
The housing market plays a significant role in determining the cost of living in Rochester, NY.
- Housing Index: 120.0 / 100
- Median Home Price is: $141,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1850 per month
Considering a move to Rochester, NY? The data reveals a housing index of 120.0, indicating the area's relative cost compared to the national average. With a median home price of 141000, buying a home here may afford you a favorable investment opportunity. Meanwhile, average rents for a 2-bedroom apartment are around 1800, and for a house, it's 1850. If you prioritize renting, budgeting is essential given these prices. Remember to assess local amenities and transportation options as they can impact your decision further.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Rochester, 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 Rochester, 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 Rochester is a financially viable option for your relocation.