Housing costs in Lake George?
A typical home costs
$415,100, which is 22.8% more expensive than the national average of
$338,100 and 0.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lake George costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 64.7% cheaper than the state average of
$1,960.
Can I afford Lake George?
To live comfortably in Lake George (zip 12845), New York, a minimum annual income of
$79,560 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Lake George?
The cost of living in 12845 Lake George, NY is relatively low compared to other parts of the state. The median household income is around $50,000, which is lower than the national average. In addition, housing costs are also lower than average. The median home value is around $132,000 and rental prices tend to be quite affordable as well. This means that living in Lake George can be an affordable option for those looking for a place to call home.