Housing costs in Beacon?
A typical home costs
$426,700, which is 26.2% more expensive than the national average of
$338,100 and 3.2% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Beacon costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 12.6% cheaper than the state average of
$1,960.
Can I afford Beacon?
To live comfortably in Beacon, New York, a minimum annual income of
$81,720 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Beacon?
The cost of living in Beacon, NY is quite manageable. The median home value is around $225,000 which is relatively low compared to other parts of the country. The median rent is also relatively low at around $1,200 a month. There are also a number of affordable options when it comes to groceries and everyday items. In addition, utilities are quite reasonable with an average electricity bill of only $80 per month. Although the cost of living in Beacon can be a bit higher than in other parts of New York State, it is still manageable and quite attractive considering the quality of life that comes with living in this lovely city.