Housing costs in Penfield?
A typical home costs
$317,700, which is 6.0% less expensive than the national average of
$338,100 and 23.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Penfield costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 54.3% cheaper than the state average of
$1,960.
Can I afford Penfield?
To live comfortably in Penfield, New York, a minimum annual income of
$60,840 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Penfield?
The cost of living in Penfield, NY is generally considered to be quite reasonable. The median house price is $181,600, which is slightly lower than the Rochester metro area as a whole. The cost of living index in Penfield is 98.2 which is lower than the national average at 100. Additionally, due to the low property taxes compared to other parts of New York, most people find that their overall living costs are more affordable than they would expect in a larger city. All in all, residents of Penfield enjoy a high quality of life with an attractive cost of living.