Housing costs in Chatham?
A typical home costs
$454,500, which is 34.4% more expensive than the national average of
$338,100 and 9.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Chatham costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 62.0% cheaper than the state average of
$1,960.
Can I afford Chatham?
To live comfortably in Chatham, New York, a minimum annual income of
$87,120 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Chatham?
The cost of living in Chatham, NY is relatively low compared to other areas of the state. The median home price in Chatham is $222,000 which is significantly lower than the median home price for the area. The overall cost of living index for Chatham is 95.2 which is well below the US average of 100, indicating that the cost of living in Chatham is below average when compared to other areas. Additionally, taxes are low and utilities are reasonably priced, making it a great place to live for those looking for an affordable and comfortable lifestyle.