Zip 14706 (Allegany, NY) Cost of Living


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United States / New York / Olean Metro Area / Cattaraugus County / No City / Allegany (zip 14706)
How much do I need to live in Allegany, New York?
$2,640 / month
for a family, 51.1% less expensive than the national average A total of $31,680 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Allegany cost of living score
73.5
Less expensive
26.5% lower
than the US average
39.5% lower
than the New York average
Allegany (zip 14706), New York gets a BestPlaces Cost of Living score of 73.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.5% lower than the U.S. average and 39.5% lower than the average for New York.

Zip 14706 (Allegany, NY)

Housing costs in Allegany?
A typical home costs $166,000, which is 50.9% less expensive than the national average of $338,100 and 59.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Allegany costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 145.0% cheaper than the state average of $1,960.

Can I afford Allegany?
To live comfortably in Allegany (zip 14706), New York, a minimum annual income of $31,680 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Allegany?
The cost of living in 14706 Allegany, NY is relatively affordable. The median home value is $66,900, making it one of the most cost effective places to buy a home in the US. Additionally, property taxes are quite low and utilities are reasonably priced. Cost of groceries and other necessities are also below the national average. All in all, 14706 Allegany is an attractive option for people looking to stretch their budget without sacrificing too much in terms of quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAlleganyNew YorkUnited States
    Unlock121.5100.0
  97.8  Unlock100.0
    Unlock120.7100.0
  41.5  Unlock100.0
    Unlock$413,600$338,100
  109.2  Unlock100.0
    Unlock140.7100.0
  106.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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