Housing costs in Fort Montgomery?
A typical home costs
$377,700, which is 11.7% more expensive than the national average of
$338,100 and 8.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Fort Montgomery costs
$2,350 per month, which is 64.3% more than the national average of
$1,430 and 16.6% more than the state average of
$1,960.
Can I afford Fort Montgomery?
To live comfortably in Fort Montgomery (zip 10922), New York, a minimum annual income of
$72,360 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Fort Montgomery?
The cost of living in 10922 Fort Montgomery, NY is relatively high compared to other parts of the country. The median home value is $364,400, which is significantly higher than the national average of $184,700. Additionally, the median rent for a one-bedroom apartment averages around $1,228 per month. Transportation costs are also slightly more expensive than average due to the area's remote location. However, residents can take advantage of low taxes and lower utility bills thanks to the abundance of natural resources in the area. All in all, living in 10922 Fort Montgomery, NY may come with a higher price tag than most other locations but it also has its own unique benefits.