Cost of living in Medford
Medford, located in New York, is a vibrant community with a unique blend of suburban charm and urban convenience. Understanding the cost of living in Medford is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of expenses in Medford, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $13 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $10, imported beer $5 to $12, cappuccino $3 to $6, and Coke/Pepsi $1 to $3.
Grocery Prices
- Milk - Milk is priced between $0.82 and $1.74 per liter, averaging $1.32.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.76 and $8, with an average price of $4.23.
- Eggs (Dozen) - A dozen eggs range from $2.19 to $6.98, averaging $4.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $6.59 per kg, while oranges range from $2 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.32 and $4.41 per kg, and lettuce costs $1.5 to $4.99 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $0.93 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $2.05 per km and $24 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs $35,911.24, while a Toyota Corolla is priced at $25,853.74.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool is $2,500 per month.
- International Primary School, Yearly for 1 Child - Annual tuition for international primary school ranges from $15,000 to $30,000, averaging $22,500.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $85 and $300, averaging $118.73.
- Internet - Internet services range from $50 to $75, with an average cost of $64.17.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Medford offers a diverse range of dining options, with prices varying significantly based on the type of restaurant.
Grocery prices in Medford are relatively moderate, with essentials like milk and bread being affordable.
Transportation costs are manageable, with gasoline prices being quite reasonable compared to other regions.
Housing and education costs can be significant, especially for private schooling, which is an important consideration for families.
Conclusion
In conclusion, Medford, NY, presents a balanced cost of living with affordable dining and grocery options, but higher costs in housing and education.
Prospective residents should consider these factors when planning their move to ensure a comfortable lifestyle within their budget.