Housing costs in Malone?
A typical home costs
$162,800, which is 51.8% less expensive than the national average of
$338,100 and 60.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Malone costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 136.1% cheaper than the state average of
$1,960.
Can I afford Malone?
To live comfortably in Malone New Y Metro Area, New York, a minimum annual income of
$31,320 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Malone?
The cost of living in Malone, NY Metro Area is significantly lower than the national average. According to data from the U.S. Department of Labor, the Cost of Living Index for Malone is 78.4 compared to a 100 for the United States as a whole. This means that goods and services such as groceries, housing, healthcare and transportation are much more affordable in the Malone area than they are on average across America. In addition to this, house values in Malone tend to be much lower than those around the country with a median value of $162,800 compared to $338,100 nationally.