Bemus Point, NY Cost of Living


1 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Bemus Point cost of living score
75.5
Less expensive
24.5% lower
than the US average
37.9% lower
than the New York average
Bemus Point, New York gets a BestPlaces Cost of Living score of 75.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.5% lower than the U.S. average and 37.9% lower than the average for New York.

Bemus Point, NY

Housing costs in Bemus Point?
A typical home costs $199,200, which is 41.1% less expensive than the national average of $338,100 and 51.8% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Bemus Point costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 130.6% cheaper than the state average of $1,960.

Can I afford Bemus Point?
To live comfortably in Bemus Point, New York, a minimum annual income of $38,160 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Bemus Point?
The cost of living in Bemus Point, NY is slightly higher than the national average. Although housing costs can be expensive, the amenities and recreational activities available make it a great place to live. The median home price in the area is $175,800 with an estimated median household income of $45,837. The area also offers competitive wages and low unemployment rates. Additionally, taxes are relatively low compared to other areas in New York State. Overall, Bemus Point is an affordable place to live with plenty of attractions and activities that make it a desirable location for people looking for a more relaxed lifestyle or second home.
   Cost of living score
     CategoriesBemus PointNew YorkUnited States
  75.5121.5100.0
  101.2103.8100
  104.6120.7100.0
  85.5127.9100.0
  $199,200$413,600$338,100
  103.4%115.9%100.0%
  71.6140.7100.0
  106.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Bemus Point
    See all (1)

I grew up in Bemus Point, NY and have some great memories! Bemus Point is a smaller village that borders Chautauqua Lake. The village is amazing in the summer with its  More

   |    Reply

Start Your Review of Bemus Point

Crime
Compare Bemus Point, NY cost of living
Compare food, housing, utilities, and more in Bemus Point, New York to any other city in the US.