Housing costs in Rutland?
A typical home costs
$211,200, which is 37.5% less expensive than the national average of
$338,100 and 48.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Rutland costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 76.6% cheaper than the state average of
$1,960.
Can I afford Rutland?
To live comfortably in Rutland, New York, a minimum annual income of
$40,320 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Rutland?
The cost of living in Rutland, NY is relatively affordable compared to many other parts of the country. The average cost of a detached home in town is $140,400, which is significantly lower than the national median home price of $219,700. Renters pay on average $808 per month for a one-bedroom apartment, while utilities for a 915 square foot apartment are an average of just over $100 per month. There are also plenty of dining and entertainment options within the town that often reflect the lower prices associated with local stores and restaurants. All things considered, Rutland offers residents an affordable place to live in upstate New York.