Zip 14712 (Bemus Point, NY) Cost of Living


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How much do I need to live in Bemus Point, New York?
$4,410 / month
for a family, 18.3% less expensive than the national average A total of $52,920 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

Bemus Point cost of living score
75.5
Less expensive
24.5% lower
than the US average
37.9% lower
than the New York average
Bemus Point (zip 14712), New York gets a BestPlaces Cost of Living score of 75.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.5% lower than the U.S. average and 37.9% lower than the average for New York.

Zip 14712 (Bemus Point, NY)

Housing costs in Bemus Point?
A typical home costs $277,000, which is 18.1% less expensive than the national average of $338,100 and 33.0% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Bemus Point 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 Bemus Point?
To live comfortably in Bemus Point (zip 14712), New York, a minimum annual income of $52,920 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Bemus Point?
The cost of living in 14712 Bemus Point, NY is slightly higher than the national average. The median home value in this area is $263,400 which is significantly higher than the national median of $184,700. It is also a very desirable place to live due to its scenic location on Chautauqua Lake and close proximity to all sorts of outdoor activities. Groceries and other essentials are also relatively expensive but overall the cost of living here remains manageable for most people.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBemus PointNew YorkUnited States
    Unlock121.5100.0
  101.2  Unlock100.0
    Unlock120.7100.0
  87.9  Unlock100.0
    Unlock$413,600$338,100
  107.3  Unlock100.0
    Unlock140.7100.0
  106.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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