Housing costs in Amherst?
A typical home costs
$341,800, which is 1.1% more expensive than the national average of
$338,100 and 17.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Amherst costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 43.1% cheaper than the state average of
$1,960.
Can I afford Amherst?
To live comfortably in Amherst, New York, a minimum annual income of
$65,520 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Amherst?
Living costs are quite affordable in Amherst when compared with many other parts of New York State however they do exceed those found elsewhere on Long Island or Westchester County due primarily to its high median rental rate which is around 16 percent greater than the rest of the state as well as its transportation costs being slightly more expensive too. Other essentials like groceries, health care and utilities still remain competitively priced making it an attractive alternative nonetheless for individuals looking for a quieter lifestyle without breaking their budget each month.