Housing costs in Katonah?
A typical home costs
$862,100, which is 155.0% more expensive than the national average of
$338,100 and 108.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Katonah costs
$2,770 per month, which is 93.7% more than the national average of
$1,430 and 29.2% more than the state average of
$1,960.
Can I afford Katonah?
To live comfortably in Katonah, New York, a minimum annual income of
$165,240 for a family, and
$91,200 for a single person is recommended.
What does A.I. say about Katonah?
Katonah, NY is a beautiful place to live with a high cost of living. The median home value in this area is $502,700, and the median household income is $112,756. This means that those who live in Katonah tend to have higher incomes than those in other areas of the country. The costs of housing, food, transportation, and other necessities are higher here than in many other locations. Despite the high cost of living, many people choose to make Katonah their home due to its highly rated schools, access to nature and outdoor activities such as hiking and fishing nearby. There are also plenty of local businesses for residents to frequent which provides a sense of community.