Housing costs in Lenox?
A typical home costs
$199,200, which is 41.1% less expensive than the national average of
$338,100 and 51.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lenox costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 83.2% cheaper than the state average of
$1,960.
Can I afford Lenox?
To live comfortably in Lenox, New York, a minimum annual income of
$38,160 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Lenox?
Living in Lenox, NY can be quite expensive. The median home cost in the area is $168,000, which is significantly higher than the national average of $184,700. Additionally, utilities and other basic necessities are more expensive than other areas of New York State due to its rural location. Despite these costs, the affordability index for Lenox is better than many other locations in New York State. Furthermore, property taxes are low compared to larger cities in the state. All in all, living in Lenox can be costly but it is still possible to find affordable housing options and amenities that make this small town worth it.