Housing costs in Carmel?
A typical home costs
$520,600, which is 54.0% more expensive than the national average of
$338,100 and 25.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Carmel costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 13.3% more than the state average of
$1,960.
Can I afford Carmel?
To live comfortably in Carmel, New York, a minimum annual income of
$99,720 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Carmel?
Carmel, NY is an affordable place to live. The cost of living in Carmel is lower than the national average, making it a great option for those looking to save money while still enjoying all that this beautiful town has to offer. The median home value in Carmel is around $377,000, which is significantly below the state average of $483,000. Additionally, groceries and utilities are relatively low compared to other places in the area. With its excellent school system and abundance of activities and amenities available year-round, Carmel provides a wonderful living experience without breaking the bank.