Housing costs in Pelham?
A typical home costs
$1,077,800, which is 218.8% more expensive than the national average of
$338,100 and 160.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Pelham costs
$2,290 per month, which is 60.1% more than the national average of
$1,430 and 14.4% more than the state average of
$1,960.
Can I afford Pelham?
To live comfortably in Pelham (zip 10803), New York, a minimum annual income of
$206,640 for a family, and
$75,200 for a single person is recommended.
What does A.I. say about Pelham?
10803 Pelham, NY has an average cost of living that is slightly higher than the national average. The prices of groceries and health care are in line with the U.S. averages, while housing costs are notably more expensive. The median home value is approximately $503,400 which is almost double the national median home value of $264,800. Renting is also costly in this neighborhood with a one-bedroom apartment typically costing between $1,700 and $2,000 per month. Despite the higher costs associated with living in 10803 Pelham, NY it remains a desirable area due to its prime location and close proximity to amenities such as parks, schools, grocery stores and restaurants.