Housing costs in Frankfort?
A typical home costs
$177,100, which is 47.6% less expensive than the national average of
$338,100 and 57.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Frankfort costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 115.4% cheaper than the state average of
$1,960.
Can I afford Frankfort?
To live comfortably in Frankfort (zip 13340), New York, a minimum annual income of
$33,840 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Frankfort?
The cost of living in 13340 Frankfort, NY is relatively low compared to other parts of the country. The median home value is around $129,800 and the median household income is about $60,000. Housing prices are stable and affordable, making it a great place to live for those on a budget. Taxes are also quite reasonable with an effective tax rate at around 6%. There are plenty of jobs available in the area, with the top employers being Rome Hospital and Leatherstocking Cooperative. Overall, this is a great place to live for those looking for affordability without sacrificing quality of life.