Housing costs in Phelps?
A typical home costs
$240,500, which is 28.9% less expensive than the national average of
$338,100 and 41.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Phelps costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 96.0% cheaper than the state average of
$1,960.
Can I afford Phelps?
To live comfortably in Phelps, New York, a minimum annual income of
$46,080 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Phelps?
The cost of living in Phelps, NY is quite reasonable. The overall cost of basic goods and services is slightly lower than the national average. Housing costs are also relatively low, with an average home costing around $128,000. Utilities tend to be affordable as well and transportation costs are generally lower than other parts of the country. For those looking for an affordable place to live, Phelps is a great option with its lower cost of living.