Housing costs in Ghent?
A typical home costs
$386,500, which is 14.3% more expensive than the national average of
$338,100 and 6.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Ghent costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 66.1% cheaper than the state average of
$1,960.
Can I afford Ghent?
To live comfortably in Ghent, New York, a minimum annual income of
$74,160 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Ghent?
Ghent, NY is a relatively affordable place to live when compared to other areas in New York State and the Northeast region. The cost of living is 12% lower than the state average, and housing costs are also lower than the US average. Utilities such as electricity, water and garbage are much cheaper than in other parts of the country. Additionally, essential items like food, clothing and health care services are all more affordable than in many other places across America. With its low cost of living combined with its proximity to larger cities, Ghent makes for an attractive place for those looking for a reasonably priced home or apartment without having to sacrifice quality or amenities.