Housing costs in Greenwood Lake?
A typical home costs
$355,000, which is 5.0% more expensive than the national average of
$338,100 and 14.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Greenwood Lake costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 39.0% cheaper than the state average of
$1,960.
Can I afford Greenwood Lake?
To live comfortably in Greenwood Lake, New York, a minimum annual income of
$68,040 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Greenwood Lake?
Living in Greenwood Lake, NY is relatively affordable compared to other cities in the region. The cost of living in Greenwood Lake is 3.4% lower than the national average, making it an attractive option for those looking for a more affordable community. The median home value in Greenwood Lake is $234,400 which is approximately 7% below the New York state average, and rents are also significantly lower than most other cities in the area. Groceries and utilities are also cheaper than many other places, providing even greater savings for those living in Greenwood Lake.