Housing costs in Hudson?
A typical home costs
$347,000, which is 2.6% more expensive than the national average of
$338,100 and 16.1% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hudson costs
$2,050 per month, which is 43.4% more than the national average of
$1,430 and 4.4% more than the state average of
$1,960.
Can I afford Hudson?
To live comfortably in Hudson, New York, a minimum annual income of
$66,600 for a family, and
$70,400 for a single person is recommended.
What does A.I. say about Hudson?
Hudson, NY is a great place to live with an affordable cost of living compared to other cities in the area. According to Sperling's Best Places, the overall cost of living index for Hudson is 126, which is 26% higher than the national average. Groceries and healthcare are on the low side at just 8% and 4% higher than the national averages respectively, but housing costs are 53% higher than the national average. Despite this high cost of housing, renting a one-bedroom apartment in Hudson can be quite affordable and often cheaper than other nearby cities such as Albany and Troy with median rent prices around $1300 per month.