Olive, NY Cost of Living


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Olive cost of living score
110.6
More expensive
10.6% higher
than the US average
9.0% lower
than the New York average
Olive, New York gets a BestPlaces Cost of Living score of 110.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% higher than the U.S. average and 9.0% higher than the average for New York.

Olive, NY

Housing costs in Olive?
A typical home costs $394,300, which is 16.6% more expensive than the national average of $338,100 and 4.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Olive costs $1,310 per month, which is 8.4% cheaper than the national average of $1,430 and 49.6% cheaper than the state average of $1,960.

Can I afford Olive?
To live comfortably in Olive, New York, a minimum annual income of $75,600 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Olive?
The cost of living in Olive, NY is quite reasonable compared to many other places in the country. The average median home price is just over $200,000 while the average rent for a 3-bedroom apartment is roughly $1,100 per month. Utilities are generally quite affordable as well with an average electric bill of around $70 a month. Food and groceries are also reasonably priced and you can find some great deals at local farmer’s markets throughout the year. All-in-all, Olive is a great place to live if you want to enjoy a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesOliveNew YorkUnited States
  110.6121.5100.0
  105.1103.8100
  125.5120.7100.0
  155.7127.9100.0
  $394,300$413,600$338,100
  115.6%115.9%100.0%
  108.5140.7100.0
  137.8121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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