Housing costs in Ravena?
A typical home costs
$230,300, which is 31.9% less expensive than the national average of
$338,100 and 44.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Ravena costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 71.9% cheaper than the state average of
$1,960.
Can I afford Ravena?
To live comfortably in Ravena (zip 12143), New York, a minimum annual income of
$44,280 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Ravena?
The cost of living in 12143 Ravena, NY is quite reasonable. According to Sperling's Best Places, the cost of living index for Ravena is 96.2, which is lower than the U.S. average of 100. The median home price in the area is $179,500, which makes it an affordable option for many homebuyers. Renting in Ravena tends to be a bit more expensive than other nearby towns with a median rent of $1,065 per month compared to Albany's average rent of $1,286 per month. Groceries and health care in Ravena tend to be slightly cheaper than the national average as well. All-in-all, 12143 Ravena is a great option for those looking to live in a small town with an affordable cost of living.