Housing costs in Chemung?
A typical home costs
$144,700, which is 57.2% less expensive than the national average of
$338,100 and 65.0% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Chemung costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 88.5% cheaper than the state average of
$1,960.
Can I afford Chemung?
To live comfortably in Chemung New Y County, New York, a minimum annual income of
$27,720 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Chemung?
The cost of living in Chemung, NY County is significantly lower than the US average. At 77.8, it is 22.2 points lower than the 100 mark for the US average. This low cost of living pairs nicely with the median value of houses in Chemung County, which is $144,700 - significantly lower than the US average house value of $338,100. This makes this county a great option for those looking to purchase an affordable home while still enjoying all that New York has to offer.