Zip 14532 (Phelps, NY) Cost of Living


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How much do I need to live in Phelps, New York?
$2,970 / month
for a family, 45.0% less expensive than the national average A total of $35,640 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Phelps cost of living score
90.8
Less expensive
9.2% lower
than the US average
25.3% lower
than the New York average
Phelps (zip 14532), New York gets a BestPlaces Cost of Living score of 90.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% lower than the U.S. average and 25.3% lower than the average for New York.

Zip 14532 (Phelps, NY)

Housing costs in Phelps?
A typical home costs $186,700, which is 44.8% less expensive than the national average of $338,100 and 54.9% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Phelps 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 Phelps?
To live comfortably in Phelps (zip 14532), New York, a minimum annual income of $35,640 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Phelps?
14532 Phelps, NY is a relatively affordable place to live. The cost of living index in the area is 10% lower than the national average. Housing costs are very reasonable, with median home prices sitting around $130,000. Additionally, utilities and transportation costs are also quite low compared to other parts of the state. All in all, 14532 Phelps offers an excellent quality of life at an attractive price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPhelpsNew YorkUnited States
    Unlock121.5100.0
  98.6  Unlock100.0
    Unlock120.7100.0
  55.9  Unlock100.0
    Unlock$413,600$338,100
  99.3  Unlock100.0
    Unlock140.7100.0
  139.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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