Housing costs in Silver Springs?
A typical home costs
$141,700, which is 58.1% less expensive than the national average of
$338,100 and 65.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Silver Springs costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 145.0% cheaper than the state average of
$1,960.
Can I afford Silver Springs?
To live comfortably in Silver Springs, New York, a minimum annual income of
$27,000 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Silver Springs?
The cost of living in Silver Springs, NY is considered to be slightly above the U.S. national average. The median home cost in Silver Springs is around $250,000, which is slightly higher than the national average of around $200,000. Groceries and utilities are also a bit higher than the national averages but still considered to be affordable. Eating out can also be expensive in Silver Springs due to the variety of restaurants and cafes available. In general, Silver Springs has a moderate cost of living when compared to other towns around New York State.