Housing costs in Oneonta?
A typical home costs
$184,600, which is 45.4% less expensive than the national average of
$338,100 and 55.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Oneonta costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 98.0% cheaper than the state average of
$1,960.
Can I afford Oneonta?
To live comfortably in Oneonta, New York, a minimum annual income of
$35,280 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Oneonta?
The cost of living in Oneonta, NY is relatively affordable. According to BestPlaces, the cost of living index for Oneonta is 78.7, which is lower than the US average of 100. This means that basic commodities such as groceries and transportation are likely to be more affordable in Oneonta than in other cities. The median home price in Oneonta was $118,200 according to a 2019 census report—which is significantly lower than the national average of $231,200. In addition, overall rent prices tend to be lower than similarly sized cities with the average rent being approximately $786 per month for a one-bedroom apartment and around $953 for a two-bedroom apartment. All of this makes Oneonta an attractive option for those looking for a place to live that has affordable housing options without sacrificing quality of life or convenience.