Housing costs in Mount Hope?
A typical home costs
$374,100, which is 10.6% more expensive than the national average of
$338,100 and 9.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Mount Hope costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 21.7% cheaper than the state average of
$1,960.
Can I afford Mount Hope?
To live comfortably in Mount Hope, New York, a minimum annual income of
$71,640 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Mount Hope?
The cost of living in Mount Hope, NY is generally considered to be fairly reasonable. Housing costs are slightly lower than the national average and many other cities in the area. The median home value as of 2019 was $149,700. Renters can expect to pay an average rent of about $1,200 a month for a two-bedroom apartment. Groceries and utilities will also make up a significant portion of your monthly expenses—the median monthly cost for groceries is around $290 while utilities average $140 per month. Overall, residents in Mount Hope have access to affordable housing and goods and services, making it an attractive place to live for those who want to save money on their living expenses.