Lima, NY Cost of Living


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How much do I need to live in Lima, New York?
$3,690 / month
for a family, 31.7% less expensive than the national average A total of $44,280 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Lima cost of living score
85.6
Less expensive
14.4% lower
than the US average
29.5% lower
than the New York average
Lima, New York gets a BestPlaces Cost of Living score of 85.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% lower than the U.S. average and 29.5% lower than the average for New York.

Lima, NY

Housing costs in Lima?
A typical home costs $231,300, which is 31.6% less expensive than the national average of $338,100 and 44.1% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lima costs $970 per month, which is 32.2% more than the national average of $1,430 and 102.1% more than the state average of $1,960.

Can I afford Lima?
To live comfortably in Lima, New York, a minimum annual income of $44,280 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Lima?
Living in Lima, NY is quite affordable. The cost of living index is below the national average, making it a great option for those looking to live comfortably without spending a fortune. The median home price in Lima is around $125,000 and the median household income is around $64,000, offering residents a wide range of housing choices and affordability options. In addition to relatively low housing costs, grocery stores and other goods tend to be reasonably priced in Lima as well. All things considered, living in Lima can be an affordable option for those looking for a small-town atmosphere with easy access to big city amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLimaNew YorkUnited States
    Unlock121.5100.0
  100.2  Unlock100.0
    Unlock120.7100.0
  59.2  Unlock100.0
    Unlock$413,600$338,100
  107.0  Unlock100.0
    Unlock140.7100.0
  108.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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