Housing costs in Decatur?
A typical home costs
$234,600, which is 30.6% less expensive than the national average of
$338,100 and 43.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Decatur costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 98.0% more than the state average of
$1,960.
Can I afford Decatur?
To live comfortably in Decatur, New York, a minimum annual income of
$45,000 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Decatur?
The cost of living in Decatur, NY is quite reasonable and affordable. The overall cost of living index is 83.5, which is 17.5% lower than the national average. Housing costs are very affordable with a median home value of $91,000 and median rent at $664 per month. The average household income is slightly below the national average at $54,084 and the unemployment rate is slightly higher at 5.3%. Despite these challenges, Decatur remains an attractive option for those seeking a more rural lifestyle and affordable housing prices.