Cost of Living in Schroon lake, NY
Housing
The housing market plays a significant role in determining the cost of living in Schroon lake, NY.
- Housing Index: Data is updating
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering your interest in Schroon lake, NY, the provided data points indicate a housing index of 0.0, with a median home price standing at 350000. Notably, the average rent for both a 2-bedroom apartment and house is currently unavailable, suggesting a potentially lower rental market or data availability issues. Investing in a home might be favorable if the prices remain stagnant or appreciate slowly. However, it's crucial to research local amenities, school districts, and the overall economic landscape in Schroon lake to form a comprehensive view before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Schroon lake, 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 Schroon lake, 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 Schroon lake is a financially viable option for your relocation.