Housing costs in Chemung?
A typical home costs
$139,000, which is 58.9% less expensive than the national average of
$338,100 and 66.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Chemung costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 108.5% cheaper than the state average of
$1,960.
Can I afford Chemung?
To live comfortably in Chemung (zip 14825), New York, a minimum annual income of
$26,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Chemung?
The cost of living in 14825 Chemung, NY is relatively affordable compared to many other areas. Housing costs are quite low, with the median price for a home at around $128,200. Basic utilities are also on the lower side, with electricity costing around $98 per month and natural gas averaging about $56 per month. Sales taxes are slightly higher then average at 8%, but food and transportation costs remain fairly reasonable. Overall, the cost of living in this area makes it an attractive option for those looking for a place to call home.