Cost of Living in Smithtown, NY
Housing
The housing market plays a significant role in determining the cost of living in Smithtown, NY.
- Housing Index: 140.0 / 100
- Median Home Price is: $554000
- Average Rent (2 BR Apartment): $2600 per month
- Average Rent (2 BR House): $2800 per month
Considering the housing data for Smithtown, NY, the housing index stands at 140.0, indicating it's a relatively expensive area to live. With a median home price of 554000, potential buyers should be prepared for a significant investment. The average rent for a 2-bedroom apartment is at 2600, while renting a 2-bedroom house averages 2800. This points to a competitive rental market. Additionally, it's important to explore local amenities, job opportunities, and community resources, which can greatly influence your decision to move to this area. Look closely at budgets and lifestyle needs!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Smithtown, 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.): $320 per month
Living in Smithtown, 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 $320 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 Smithtown is a financially viable option for your relocation.