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Cost of Living in Sullivan

Is it better to rent or buy in Sullivan? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$64,483
$840/mo

Median in area: $840

$106,104

Median in area: $106,104

$21,221

If you Rent

🔑
$1,090 /mo
Base Rent$840
Est. Utilities$250
% of Income20.3%
Pre-tax Residual$4,284

If you Buy

🏠
$1,086 /mo
P&I (7.49%)$593
Taxes & Ins$243
Est. Utilities$250
% of Income20.2%
Pre-tax Residual$4,288

Cost of Living FAQs

Is it cheaper to rent or buy in Sullivan?›

Based on median housing data, buying is currently more affordable on a monthly basis in Sullivan. The estimated all-in monthly cost for renting is $1,090, while owning a median-priced home with a 20% down payment is roughly $1,086 per month (a difference of $4).

How much do utilities cost in Sullivan?›

The average monthly utility cost (electricity and natural gas) for a typical home in Sullivan is approximately $250. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Sullivan?›

To comfortably afford the median rent and utilities in Sullivan without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,600 per year.