Housing costs in South Lockport?
A typical home costs
$131,700, which is 61.0% less expensive than the national average of
$338,100 and 68.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in South Lockport 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 South Lockport?
To live comfortably in South Lockport, New York, a minimum annual income of
$25,200 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about South Lockport?
The cost of living in South Lockport, NY is quite reasonable compared to many other areas. The median home price for the area is around $150,000. Rent costs are also reasonable, with most rent prices being lower than the national average. Groceries and other necessities tend to be a bit more expensive than the national average, although not by much. Transportation costs can vary depending on your mode of transportation but overall they are relatively affordable. In terms of taxes, South Lockport is part of Niagara County so residents will have access to some of the lowest tax rates in New York State. All in all, South Lockport is an excellent place to live with a relatively low cost of living.