Housing costs in Elmira?
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 Elmira 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 Elmira?
To live comfortably in Elmira New Y Metro Area, 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 Elmira?
The cost of living in the Elmira, NY Metro Area is much lower than the national average. According to recent figures, the Cost of Living index for this area is 77.8, compared to the US average of 100. This means that residents of Elmira can enjoy a much higher standard of living for their money when compared to other parts of the country. In addition, housing costs are also generally much more affordable, with the median value for a house being just $144700, significantly less than the national average of $338100. All this makes Elmira an attractive location to live and work in with a much lower cost of living when compared to other major cities.