Housing costs in Pelham?
A typical home costs
$1,013,500, which is 199.8% more expensive than the national average of
$338,100 and 145.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Pelham costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 16.9% more than the state average of
$1,960.
Can I afford Pelham?
To live comfortably in Pelham, New York, a minimum annual income of
$194,040 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Pelham?
The cost of living in Pelham, NY is higher than the national average due to its high-end housing market and desirable amenities. With a median home value of $620,500, Pelham offers a luxurious lifestyle for those who can afford it. In addition to the high cost of housing, other expenses such as groceries, transportation, and healthcare tend to be more expensive than the rest of the country. That said, Pelham is an attractive place to live due to its excellent schools and vibrant community life.