Housing costs in Norway?
A typical home costs
$164,100, which is 51.5% less expensive than the national average of
$338,100 and 60.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Norway costs
$870 per month, which is 39.2% more than the national average of
$1,430 and 125.3% more than the state average of
$1,960.
Can I afford Norway?
To live comfortably in Norway, New York, a minimum annual income of
$31,320 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Norway?
The living cost in Norway, NY is relatively affordable. Housing costs are generally quite reasonable and the cost of living index is only slightly higher than the national average. Local taxes are also fairly low, with the median property tax rate being about half of what other cities in New York State have. Other costs such as food, transportation and entertainment are also relatively low compared to other places in the state. This makes Norway, NY an affordable place to live for most people who are looking for a more affordable lifestyle.