Housing costs in Geneva town?
A typical home costs
$271,100, which is 19.8% less expensive than the national average of
$338,100 and 34.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Geneva town costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 79.8% cheaper than the state average of
$1,960.
Can I afford Geneva town?
To live comfortably in Geneva town, New York, a minimum annual income of
$51,840 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Geneva town?
The cost of living in Geneva town, NY is quite reasonable compared to other areas in the state. According to Sperling's Best Places, the cost of living index for Geneva town is 80, which is 20% lower than the U.S. average of 100. Housing costs are particularly low; the median home value is $156,000 and monthly rent averages around just $1,152. Other expenses such as groceries and utilities also tend to be lower than average due to competitive rates from local providers. Overall, Geneva Town offers great affordability for those looking to make a move or invest in a new home.