Housing costs in Village of the Branch?
A typical home costs
$629,100, which is 86.1% more expensive than the national average of
$338,100 and 52.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Village of the Branch costs
$2,300 per month, which is 60.8% more than the national average of
$1,430 and 14.8% more than the state average of
$1,960.
Can I afford Village of the Branch?
To live comfortably in Village of the Branch, New York, a minimum annual income of
$120,600 for a family, and
$76,800 for a single person is recommended.
What does A.I. say about Village of the Branch?
The cost of living in Village of the Branch, NY is relatively affordable compared to other cities in the area. The average home price is $295,000 and the median household income is $72,615. This means that for a two-person family earning an average income, their annual housing costs should be around 24% of their total income. Utilities are also quite reasonable with electricity costing an average of 11 cents per kWh and natural gas costing an average of $1.49 per therm. Additionally, food costs are fairly low at only 12% above the national average. All in all, living in Village of the Branch can be quite affordable while still providing many amenities and services for those looking to live comfortably.