Housing costs in Schenectady?
A typical home costs
$190,800, which is 43.6% less expensive than the national average of
$338,100 and 53.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady costs
$1,220 per month, which is 37.8% cheaper than the national average of
$1,960 and 7.4% cheaper than the state average of
$1,310.
Can I afford Schenectady?
To live comfortably in Schenectady (zip 12308), New York, a minimum annual income of
$36,720 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in 12308 Schenectady, NY is generally considered to be affordable. The median home price in the area is around $130,000, which is relatively low for the Northeast region. Rent prices are also quite reasonable, with a two-bedroom apartment averaging around $800 per month. Groceries and other necessities tend to be slightly more expensive than other parts of the country due to higher taxes and the cost of shipping goods into New York State. However, overall, 12308 Schenectady remains a fairly affordable place to live for most people.