Housing costs in Colonie?
A typical home costs
$336,900, which is 0.4% less expensive than the national average of
$338,100 and 18.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Colonie costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,960.
Can I afford Colonie?
To live comfortably in Colonie, New York, a minimum annual income of
$64,440 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Colonie?
Colonie, NY is a small town located in the northeastern part of New York. The cost of living in Colonie is relatively affordable compared to other cities in the region. The median home price is around $220,000, and rent averages about $1,100 per month. Groceries and other staples tend to be cheaper than nearby areas, and the average commute time for residents is about 25 minutes.