Housing costs in Lyme?
A typical home costs
$246,400, which is 27.1% less expensive than the national average of
$338,100 and 40.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lyme costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 60.7% cheaper than the state average of
$1,960.
Can I afford Lyme?
To live comfortably in Lyme, New York, a minimum annual income of
$47,160 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Lyme?
The cost of living in Lyme, NY is relatively high compared to the national average. The median home price in Lyme is approximately $337,000, which is significantly higher than the national median of $229,000. Rent for a one-bedroom apartment averages around $1,100 per month. Utilities and groceries are also about 10% higher than the U.S. average. Despite being more expensive than many other parts of the country, Lyme offers an abundance of natural beauty and a laidback lifestyle that many people find worth the extra expense.