Housing costs in Herkimer?
A typical home costs
$159,600, which is 52.8% less expensive than the national average of
$338,100 and 61.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Herkimer costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 96.0% cheaper than the state average of
$1,960.
Can I afford Herkimer?
To live comfortably in Herkimer, New York, a minimum annual income of
$30,600 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Herkimer?
Herkimer, NY has a relatively low cost of living compared to other parts of the country. The median home price in Herkimer is around $119,500, which is much lower than the national median of $196,600. The cost of goods and services in Herkimer is roughly 6% lower than the national average. Additionally, utilities are also cheaper in Herkimer than other places in the country. Overall, Herkimer offers a more affordable lifestyle than many other areas in the US.