Housing costs in Schenectady?
A typical home costs
$113,700, which is 66.4% less expensive than the national average of
$338,100 and 72.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady costs
$1,160 per month, which is 40.8% cheaper than the national average of
$1,960 and 12.9% cheaper than the state average of
$1,310.
Can I afford Schenectady?
To live comfortably in Schenectady (zip 12307), New York, a minimum annual income of
$21,960 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in 12307 Schenectady, NY is higher than the national average. The median home price in the area is $179,800, which is considerably higher than the national median of $253,600. Additionally, the cost of utilities such as electricity and gas are slightly higher than the U.S. average. Groceries are slightly more expensive too compared to other parts of the country. Despite this higher cost of living, however, 12307 Schenectady still remains an attractive place to live due to its access to transportation and local amenities like schools and parks.