Housing costs in Hammondsport?
A typical home costs
$304,400, which is 10.0% less expensive than the national average of
$338,100 and 26.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hammondsport 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 Hammondsport?
To live comfortably in Hammondsport (zip 14840), New York, a minimum annual income of
$58,320 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Hammondsport?
The cost of living in 14840 Hammondsport, NY is quite affordable and attractive for those looking to relocate. The overall cost of living index is 87.3, which is much lower than the national average of 100. Housing costs are particularly low, with a median home price of $222,200. Renters can expect to find affordable rental rates with listings beginning at around $1,000 per month for a one-bedroom apartment. Utilities such as electricity and natural gas services are also relatively inexpensive compared to other areas in the country. Additionally, groceries and other goods tend to be fairly priced for residents living in this area. All in all, 14840 Hammondsport offers an affordable quality of life that many are looking for when considering a move.