Housing costs in Ontario?
A typical home costs
$248,000, which is 26.6% less expensive than the national average of
$338,100 and 40.0% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Ontario costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 64.7% cheaper than the state average of
$1,960.
Can I afford Ontario?
To live comfortably in Ontario New Y County, New York, a minimum annual income of
$47,520 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Ontario?
Ontario, NY County has an overall cost of living index of 90.8, which is significantly lower than the US average of 100. This makes it much more affordable to live in Ontario than other places in the United States. The median home value in Ontario is also significantly lower at $248,000 compared to the US average of $338,100. Thus, while the cost of living in Ontario may be comparatively lower than other places in the country, one will still need to take into consideration their income and budget when making a decision about moving to this particular county.