Zip 12481 (Shokan, NY) Cost of Living


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How much do I need to live in Shokan, New York?
$6,240 / month
for a family, 15.6% more expensive than the national average A total of $74,880 for the year for a family.
$3,900 / month
for a single person, 18.2% less expensive than the national average A total of $46,800 for the year for a single person.

Shokan cost of living score
110.6
More expensive
10.6% higher
than the US average
9.0% lower
than the New York average
Shokan (zip 12481), New York gets a BestPlaces Cost of Living score of 110.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% higher than the U.S. average and 9.0% higher than the average for New York.

Zip 12481 (Shokan, NY)

Housing costs in Shokan?
A typical home costs $390,800, which is 15.6% more expensive than the national average of $338,100 and 5.5% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Shokan costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 29.8% cheaper than the state average of $1,960.

Can I afford Shokan?
To live comfortably in Shokan (zip 12481), New York, a minimum annual income of $74,880 for a family, and $46,800 for a single person is recommended.

What does A.I. say about Shokan?
The cost of living in 12481 Shokan, NY is relatively reasonable, with a cost of living index of 94.8. This is lower than the US average of 100, indicating that everyday expenses such as groceries, housing, transportation and utilities are generally cheaper here than in other parts of the country. Furthermore, the median home value in 12481 Shokan is just $232,300, which is significantly lower than the national median home value of $231,200. This makes it an attractive option for those looking to purchase a home at an affordable price point. Additionally, groceries and healthcare costs are on par with or slightly below the national average in this area. Ultimately, 12481 Shokan offers a desirable combination of affordability and quality of life that suits many people's budgets.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesShokanNew YorkUnited States
    Unlock121.5100.0
  104.6  Unlock100.0
    Unlock120.7100.0
  124.0  Unlock100.0
    Unlock$413,600$338,100
  118.8  Unlock100.0
    Unlock140.7100.0
  137.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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