Housing costs in Putnam?
A typical home costs
$471,000, which is 39.3% more expensive than the national average of
$338,100 and 13.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Putnam costs
$2,450 per month, which is 71.3% more than the national average of
$1,430 and 20.0% more than the state average of
$1,960.
Can I afford Putnam?
To live comfortably in Putnam New Y County, New York, a minimum annual income of
$90,360 for a family, and
$86,800 for a single person is recommended.
What does A.I. say about Putnam?
Putnam, NY County has a much higher cost of living than the US average. With a cost of living index of 135.2, it is 35.2% more expensive to live in Putnam County than the national average. This can be seen in the median house value being $471,000 which is significantly higher than the national median house value of $338,100. With such a high cost of living, those looking to move to Putnam County should ensure they have the necessary funds to cover their expenses.