Greenwood, NY Cost of Living


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Greenwood cost of living score
78.1
Less expensive
21.9% lower
than the US average
35.7% lower
than the New York average
Greenwood, New York gets a BestPlaces Cost of Living score of 78.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.9% lower than the U.S. average and 35.7% lower than the average for New York.

Greenwood, NY

Housing costs in Greenwood?
A typical home costs $141,000, which is 58.3% less expensive than the national average of $338,100 and 65.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Greenwood costs $850 per month, which is 40.6% more than the national average of $1,430 and 130.6% more than the state average of $1,960.

Can I afford Greenwood?
To live comfortably in Greenwood, New York, a minimum annual income of $27,000 for a family, and $28,400 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in Greenwood, NY is relatively affordable. The median home price in the city is around $125,000, which is well below the national average. Groceries and other essentials are also less expensive than they are elsewhere in the country. Utility costs are also quite reasonable compared to other areas of New York State. As a result, Greenwood is an attractive option for people who need to stretch their budget when it comes to housing and living expenses.
   Cost of living score
     CategoriesGreenwoodNew YorkUnited States
  78.1121.5100.0
  96.1103.8100
  117.3120.7100.0
  35.0127.9100.0
  $141,000$413,600$338,100
  99.7%115.9%100.0%
  92.2140.7100.0
  108.1121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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