Housing costs in Malone?
A typical home costs
$132,600, which is 60.8% less expensive than the national average of
$338,100 and 67.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Malone costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 133.3% cheaper than the state average of
$1,960.
Can I afford Malone?
To live comfortably in Malone (zip 12953), New York, a minimum annual income of
$25,560 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Malone?
The cost of living in 12953 Malone, NY is quite reasonable. The median home value is approximately $114,000, making it a great place to buy a house. Groceries and other necessities are moderately priced and the overall cost of living is 7% lower than the national average. Renters can also find more affordable housing options in this rural area, as the median rent price is around $700 per month. Property taxes are relatively low compared to other areas in the state as well. Overall, 12953 Malone provides residents with an array of affordable living options.