Cost of Living in Schoharie, NY

Housing

The housing market plays a significant role in determining the cost of living in Schoharie, NY.

  • Housing Index: 90.0 / 100
  • Median Home Price is: $250,000
  • Average Rent (2 BR Apartment): $1280 per month
  • Average Rent (2 BR House): $1360 per month

Considering a move to Schoharie, NY? With a housing index of 90.0, this location presents an affordable option compared to national averages. The median home price of 250000 makes homeownership attainable, while the average rentals for a 2-bedroom apartment at 1280 and 2-bedroom house at 1360 indicate a balanced rental market. Additionally, think about long-term investment potential, neighborhood demographics, and local amenities that might enhance your decision. Overall, Schoharie appears to be a feasible choice for those seeking to balance housing costs with quality of life.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Schoharie, 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 Schoharie, 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 Schoharie is a financially viable option for your relocation.