Housing costs in Hannibal?
A typical home costs
$146,500, which is 56.7% less expensive than the national average of
$338,100 and 64.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hannibal costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 102.1% more than the state average of
$1,960.
Can I afford Hannibal?
To live comfortably in Hannibal, New York, a minimum annual income of
$28,080 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Hannibal?
The cost of living in Hannibal, NY is relatively affordable. According to Sperling's Best Places, the Cost of Living Index for Hannibal is at 79.5, which is 21% lower than the U.S. average of 100. Rent costs are significantly lower in this area compared to the national average, and many other amenities such as food, transportation, and healthcare are all priced competitively. The median household income in Hannibal is around $50,000 per year, which means that most households can easily afford their basic necessities each month.