Housing costs in Rainbow Lake?
A typical home costs
$363,800, which is 7.6% more expensive than the national average of
$338,100 and 12.0% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Rainbow Lake costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 84.9% cheaper than the state average of
$1,960.
Can I afford Rainbow Lake?
To live comfortably in Rainbow Lake (zip 12976), New York, a minimum annual income of
$69,840 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Rainbow Lake?
The cost of living in 12976 Rainbow Lake, NY is quite affordable. The median home value is around $188,500, with rent prices averaging just under $1,000 per month. Groceries are generally cheaper than other parts of the state, and utilities tend to be lower as well. This makes Rainbow Lake an attractive option for those looking for a more budget friendly lifestyle. For those wanting to save even more money, there are plenty of great deals on restaurants and entertainment throughout the area.