Housing costs in Menands?
A typical home costs
$314,600, which is 7.0% less expensive than the national average of
$338,100 and 23.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Menands costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 45.2% cheaper than the state average of
$1,960.
Can I afford Menands?
To live comfortably in Menands, New York, a minimum annual income of
$60,120 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Menands?
The cost of living in Menands, NY is relatively affordable compared to other parts of the country. Housing prices are on the lower side when compared to surrounding areas and utilities are also reasonably priced. Other costs such as groceries, dining out, and transportation can add up but remain very much manageable for the average household. Overall, Menands is a great place to live with its balance of reasonable costs and convenient access to Albany and all its attractions.