Housing costs in Menands?
A typical home costs
$256,700, which is 24.1% less expensive than the national average of
$338,100 and 37.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Menands costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 46.3% cheaper than the state average of
$1,960.
Can I afford Menands?
To live comfortably in Menands (zip 12204), New York, a minimum annual income of
$49,320 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Menands?
The cost of living in 12204 Menands, NY is generally considered to be above average compared to the rest of the United States. This is due to a combination of factors such as its proximity to New York City, higher taxes and higher housing costs. The median home value in 12204 Menands, NY is around $286,000 according to Zillow, making it one of the more expensive areas in Albany County. Groceries and other utilities also tend to be slightly higher than the national average due to the high cost of living in this area. Overall, while living expenses may be higher than other parts of the country, 12204 Menands offers its residents a desirable suburban lifestyle with access to amenities like good schools and public transportation.