Housing costs in Cohoes?
A typical home costs
$254,700, which is 24.7% less expensive than the national average of
$338,100 and 38.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Cohoes costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 54.3% cheaper than the state average of
$1,960.
Can I afford Cohoes?
To live comfortably in Cohoes, New York, a minimum annual income of
$48,960 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Cohoes?
The cost of living in Cohoes, NY is quite affordable. According to the BestPlaces Cost of Living Index, it is 8% lower than the US average. Housing costs are particularly low, with a median home value of $113,500 and rent prices averaging around $848 per month. This makes Cohoes a great place for those looking for an affordable place to live without sacrificing amenities or access to grocery stores and other services. The city also offers numerous tax incentives that can help make living here even more affordable.