Housing costs in Schenectady?
A typical home costs
$320,500, which is 5.2% less expensive than the national average of
$338,100 and 22.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 31.5% cheaper than the state average of
$1,960.
Can I afford Schenectady?
To live comfortably in Schenectady (zip 12309), New York, a minimum annual income of
$61,560 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in 12309 Schenectady, NY is generally higher than the national average, although it is still lower than the average cost of living in New York State as a whole. The median home value in 12309 is $164,700, which is significantly higher than the national median of $181,400. In addition, rent prices tend to be more expensive in 12309 compared to other areas; the median price for rent is around $1,000 per month. Groceries and transportation are also more costly compared to the national average. Despite these higher costs, residents can take advantage of relatively low prices on utilities and health care services.