Olcott, NY Cost of Living


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Olcott cost of living score
87
Less expensive
13.0% lower
than the US average
28.4% lower
than the New York average
Olcott, New York gets a BestPlaces Cost of Living score of 87, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.0% lower than the U.S. average and 28.4% lower than the average for New York.

Olcott, NY

Housing costs in Olcott?
A typical home costs $162,500, which is 51.9% less expensive than the national average of $338,100 and 60.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Olcott costs $1,120 per month, which is 21.7% cheaper than the national average of $1,430 and 75.0% cheaper than the state average of $1,960.

Can I afford Olcott?
To live comfortably in Olcott, New York, a minimum annual income of $30,960 for a family, and $38,000 for a single person is recommended.

What does A.I. say about Olcott?
The cost of living in Olcott, NY is relatively low compared to many other places in the United States. Basic goods and services such as food, housing, transportation, and healthcare are generally affordable for residents. The median home value in Olcott is $175,400, which is slightly below the national median of $194,500. Additionally, homeowners typically pay an average of around $3,100 per year to insure their homes. Gas prices tend to be lower than the national average as well. In terms of groceries and dining out, Olcott offers a wide variety of options ranging from local diners to major chain restaurants at incredibly reasonable prices. Overall, Olcott offers a great quality of life at an affordable cost.
   Cost of living score
     CategoriesOlcottNew YorkUnited States
  87.0121.5100.0
  99.6103.8100
  104.7120.7100.0
  49.2127.9100.0
  $162,500$413,600$338,100
  107.7%115.9%100.0%
  88.4140.7100.0
  112.7121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Olcott
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Over 18 years ago

love it but need help  More

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