Housing costs in Lake Luzerne?
A typical home costs
$263,600, which is 22.0% less expensive than the national average of
$338,100 and 36.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lake Luzerne costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 55.6% cheaper than the state average of
$1,960.
Can I afford Lake Luzerne?
To live comfortably in Lake Luzerne, New York, a minimum annual income of
$50,400 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Lake Luzerne?
The cost of living in Lake Luzerne, NY is a bit higher than the national average. Housing costs tend to be higher than most cities, with an average home value of about $200,000. The median household income is around $50,000. While this might be slightly lower than the national average, it’s still higher than many other towns and cities. Groceries are also more expensive in Lake Luzerne compared to other areas in the United States; however, gas prices are relatively low. Overall, Lake Luzerne has a pleasant atmosphere at a reasonable cost of living.