Housing costs in Copake?
A typical home costs
$383,200, which is 13.3% more expensive than the national average of
$338,100 and 7.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Copake costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 81.5% cheaper than the state average of
$1,960.
Can I afford Copake?
To live comfortably in Copake (zip 12516), New York, a minimum annual income of
$73,440 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Copake?
The cost of living in 12516 Copake, NY is relatively low compared to many other areas. The median home value in Copake is around $175,000, which is significantly lower than the national median of over $200,000. Renters can find a one-bedroom apartment for around $800 per month and a four-bedroom house for approximately $1300 per month. Groceries and other necessary items are also less expensive than the national average. In addition to low living costs, taxes are also lower in this area than in many other parts of New York State. All these factors make 12516 Copake an attractive option for people looking for an affordable place to live.