Housing costs in Owego?
A typical home costs
$168,300, which is 50.2% less expensive than the national average of
$338,100 and 59.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Owego costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 102.1% cheaper than the state average of
$1,960.
Can I afford Owego?
To live comfortably in Owego (zip 13827), New York, a minimum annual income of
$32,400 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Owego?
The cost of living in 13827 Owego, NY is generally considered to be relatively low compared to many other parts of the United States. The median household income for the area is just over $45,000, which is lower than the state average. The median house value for the area is around $107,500 which makes it affordable for many families. Groceries and dining out expenses are also typically lower than in some other areas. Property taxes are also lower than some other areas making it a more attractive option for those looking to purchase a home. Additionally, there are no income or sales taxes meaning that citizens keep more of their hard-earned money when shopping locally.