Housing costs in Schenectady?
A typical home costs
$238,000, which is 29.6% less expensive than the national average of
$338,100 and 42.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 49.6% cheaper than the state average of
$1,960.
Can I afford Schenectady?
To live comfortably in Schenectady New Y County, New York, a minimum annual income of
$45,720 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in Schenectady, NY County is quite affordable compared to the US average. According to statistics, it has a score of 91.5 on the Cost of Living Index which is lower than the US average of 100. This shows that the cost of living in Schenectady County is more reasonable than in other parts of the country. The median house value for this region is also lower than the national average, at $238,000 compared to $338,100 nationally. This makes Schenectady an ideal place for those looking to purchase a home or relocate without breaking the bank.