Housing costs in Schenectady?
A typical home costs
$183,900, which is 45.6% less expensive than the national average of
$338,100 and 55.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady costs
$1,220 per month, which is 37.8% cheaper than the national average of
$1,960 and 7.4% cheaper than the state average of
$1,310.
Can I afford Schenectady?
To live comfortably in Schenectady (zip 12304), New York, a minimum annual income of
$35,280 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in 12304 Schenectady, NY is relatively low compared to other cities in the country. According to BestPlaces, the cost of living index in this zip code is 72.9—almost thirty points lower than the US average. Groceries, healthcare costs, housing expenses, and transportation are all priced lower than the national average. This means that residents of 12304 Schenectady have more money to spend on other aspects of their daily life such as entertainment and leisure activities. Additionally, 12304 offers a variety of affordable housing options for renters and homeowners alike.