Cost of Living in Springville, NY
Housing
The housing market plays a significant role in determining the cost of living in Springville, NY.
- Housing Index: 110.2 / 100
- Median Home Price is: $162,500
- Average Rent (2 BR Apartment): $1100 per month
- Average Rent (2 BR House): $1120 per month
Considering a move to Springville, NY? With a housing index of 110.2, the market is slightly above average, indicating demand may be driving prices. Median home prices stand at 162500, a competitive figure compared to similar markets. Renters can expect to pay an average of $1100 for a 2-bedroom apartment, while a house will typically go for around $1120. Additionally, take into account the overall cost of living and job opportunities in the area to ensure a successful transition.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Springville, 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 Springville, 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 Springville is a financially viable option for your relocation.