Housing costs in Little Falls?
A typical home costs
$100,700, which is 70.2% less expensive than the national average of
$338,100 and 75.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Little Falls costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 130.6% cheaper than the state average of
$1,960.
Can I afford Little Falls?
To live comfortably in Little Falls, New York, a minimum annual income of
$19,440 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Little Falls?
The cost of living in Little Falls, NY is slightly higher than the national average. According to Sperling's Best Places, the overall cost of living index for Little Falls is 106.7 compared to the United States average of 100. Although some items such as groceries and housing might be slightly more expensive than other locations, overall it is still considered a relatively inexpensive place to live. Housing prices are particularly reasonable as the median home value in Little Falls sits at around $169,000 which is much lower than the New York average of over $340,000. Additionally, monthly utility costs typically remain low due to relatively mild weather and few extreme climate changes throughout the year. Overall, Little Falls offers a very reasonable cost of living for those looking to settle down and avoid high prices in larger cities nearby.