Housing costs in Ransomville?
A typical home costs
$238,500, which is 29.5% less expensive than the national average of
$338,100 and 42.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Ransomville costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 48.5% cheaper than the state average of
$1,960.
Can I afford Ransomville?
To live comfortably in Ransomville, New York, a minimum annual income of
$45,720 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Ransomville?
The cost of living in Ransomville, NY is quite reasonable. The median home value is around $100,000, and the median household income is around $56,000 per year. The unemployment rate is very low at just 2%, and the average family size is three people. All this translates to an affordable cost of living in terms of housing, food, and other essentials. Goods and services tend to be a bit cheaper than the US average overall, making Ransomville an attractive place to live for those looking for a lower cost of living.