Housing costs in Hamilton?
A typical home costs
$263,400, which is 22.1% less expensive than the national average of
$338,100 and 36.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hamilton costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 69.0% cheaper than the state average of
$1,960.
Can I afford Hamilton?
To live comfortably in Hamilton, New York, a minimum annual income of
$50,400 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Hamilton?
Hamilton, NY is a great place to live due to its relatively low cost of living. According to BestPlaces, the cost of living index in Hamilton is 76.94, which is lower than the United States average of 100. This means that it is generally cheaper to live in Hamilton than most other cities and towns across the country. Additionally, rent prices are quite affordable with an average one-bedroom apartment costing around $725 per month. Groceries and essential goods tend to be slightly more expensive than the US average but are still quite reasonable overall. With its small-town charm and low cost of living, Hamilton, NY is an ideal place for those looking for a new home or just a nice weekend getaway.