Balmville, NY Cost of Living


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How much do I need to live in Balmville, New York?
$5,340 / month
for a family, 1.1% less expensive than the national average A total of $64,080 for the year for a family.
$3,833 / month
for a single person, 19.6% less expensive than the national average A total of $46,000 for the year for a single person.

Balmville cost of living score
122.5
More expensive
22.5% higher
than the US average
0.8% higher
than the New York average
Balmville, New York gets a BestPlaces Cost of Living score of 122.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% higher than the U.S. average and 0.8% lower than the average for New York.

Balmville, NY

Housing costs in Balmville?
A typical home costs $335,200, which is 0.9% less expensive than the national average of $338,100 and 19.0% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Balmville costs $1,480 per month, which is 3.5% more than the national average of $1,430 and 32.4% cheaper than the state average of $1,960.

Can I afford Balmville?
To live comfortably in Balmville, New York, a minimum annual income of $64,080 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Balmville?
The cost of living in Balmville, NY is quite reasonable. According to BestPlaces, the overall cost of living index for Balmville is approximately 7% lower than the national average, making it a very affordable place to live. In addition, groceries and miscellaneous items are about 6% lower than the national average. Housing costs are also very affordable for the area with median home prices around $300,000 and monthly rent averaging around $1,600. All in all, Balmville is an excellent choice for those looking for a good quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBalmvilleNew YorkUnited States
    Unlock121.5100.0
  102.8  Unlock100.0
    Unlock120.7100.0
  114.8  Unlock100.0
    Unlock$413,600$338,100
  128.8  Unlock100.0
    Unlock140.7100.0
  132.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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