Zip 14061 (Farnham, NY) Cost of Living


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Farnham cost of living score
92.1
Less expensive
7.9% lower
than the US average
24.2% lower
than the New York average
Farnham (zip 14061), New York gets a BestPlaces Cost of Living score of 92.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.9% lower than the U.S. average and 24.2% lower than the average for New York.

Zip 14061 (Farnham, NY)

Housing costs in Farnham?
A typical home costs $209,300, which is 38.1% less expensive than the national average of $338,100 and 49.4% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Farnham costs $1,310 per month, which is 8.4% cheaper than the national average of $1,430 and 49.6% cheaper than the state average of $1,960.

Can I afford Farnham?
To live comfortably in Farnham (zip 14061), New York, a minimum annual income of $39,960 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Farnham?
The cost of living in 14061 Farnham, NY is fairly affordable. The median home price is around $121,000, making it a great option for those looking to purchase a home in the area. The median household income is $50,937 and the overall cost of living index is 86.4 which is lower than the national average. There are plenty of grocery stores and shopping options close by as well as entertainment venues such as restaurants and parks. All in all, 14061 Farnham, NY has a relatively low cost of living that makes it an ideal location to call home.
   Cost of living score
     CategoriesFarnhamNew YorkUnited States
  92.1121.5100.0
  98.2103.8100
  105.2120.7100.0
  42.6127.9100.0
  $209,300$413,600$338,100
  109.9%115.9%100.0%
  106.5140.7100.0
  132.1121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime