Housing costs in Hornell?
A typical home costs
$104,300, which is 69.2% less expensive than the national average of
$338,100 and 74.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hornell costs
$840 per month, which is 57.1% cheaper than the national average of
$1,960 and close to the state average of
$840.
Can I afford Hornell?
To live comfortably in Hornell (zip 14843), New York, a minimum annual income of
$20,160 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Hornell?
The cost of living in 14843 Hornell, NY is quite affordable. The median home value is just over $69,000, which is much lower than both the state and national averages. Taxes are also low, with an effective property tax rate of 3.18%. Housing costs are also relatively inexpensive in this small city, with a median rent of $606 and utilities at around 10% below the national average. In general, residents of Hornell benefit from a cost of living that is well below the state and national average, providing them with a comfortable lifestyle for a fraction of the cost.