Housing costs in Olean town?
A typical home costs
$158,000, which is 53.3% less expensive than the national average of
$338,100 and 61.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Olean town costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 139.0% more than the state average of
$1,960.
Can I afford Olean town?
To live comfortably in Olean town, New York, a minimum annual income of
$30,240 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Olean town?
Olean town, NY is known for its relatively low cost of living. The median home value in Olean town is $85,400, which is significantly lower than the national average. Rent prices are also below the national average, coming in at around $760 per month. When it comes to groceries and other day-to-day items, prices are also quite reasonable. Overall, Olean town is an affordable place to live and offers many benefits for those looking to save money on expenses while still enjoying a good quality of life.