Housing costs in Newfane?
A typical home costs
$185,200, which is 45.2% less expensive than the national average of
$338,100 and 55.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Newfane costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 104.2% cheaper than the state average of
$1,960.
Can I afford Newfane?
To live comfortably in Newfane (zip 14108), New York, a minimum annual income of
$35,640 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Newfane?
The cost of living in 14108 Newfane, NY is relatively low compared to other areas of the country. The median home cost is $112,800, which is nearly 25% lower than the national average. The cost of groceries and health care are also lower than the national average by 10%. Additionally, utilities are very affordable with an average monthly cost of only $162. With a median household income of $53,822 and a low unemployment rate, 14108 Newfane, NY provides an ideal balance between affordable living and economic stability.