Housing costs in Canastota?
A typical home costs
$166,200, which is 50.8% less expensive than the national average of
$338,100 and 59.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Canastota costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 83.2% cheaper than the state average of
$1,960.
Can I afford Canastota?
To live comfortably in Canastota, New York, a minimum annual income of
$31,680 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Canastota?
The cost of living in Canastota, NY is quite low compared to other cities and towns in the state. The median home value is $118,800, significantly lower than the average for New York State as a whole. Additionally, the median household income is around $50,000, which is also significantly lower than the statewide average. Residents of Canastota enjoy some of the lowest taxes in the state and utility bills are much cheaper than other areas. All of this adds up to an overall low cost of living that many people find appealing when looking for an affordable place to live.