Housing costs in New Lebanon?
A typical home costs
$355,400, which is 5.1% more expensive than the national average of
$338,100 and 14.1% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New Lebanon costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 71.9% cheaper than the state average of
$1,960.
Can I afford New Lebanon?
To live comfortably in New Lebanon, New York, a minimum annual income of
$68,040 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about New Lebanon?
The cost of living in New Lebanon, NY is fairly low compared to other cities and towns nearby. According to recent data, the median home price in the area is around $155,000, making it an affordable option for those looking to buy a home. Additionally, rental prices are quite reasonable with an average rental rate of $1,100 per month. Transportation is also reasonably priced with a monthly bus pass costing only $25. The overall cost of living in New Lebanon is approximately 10% lower than the national average, making it an attractive option for those looking for a more affordable place to live.