Housing costs in Spencer?
A typical home costs
$175,500, which is 48.1% less expensive than the national average of
$338,100 and 57.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Spencer costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 63.3% cheaper than the state average of
$1,960.
Can I afford Spencer?
To live comfortably in Spencer (zip 14883), New York, a minimum annual income of
$33,480 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Spencer?
The cost of living in 14883 Spencer, NY is quite reasonable compared to the national average. Rent for a 1-bedroom apartment in the city typically ranges from $500-$800 per month, while a 3-bedroom apartment can reach up to $1,200. The median home price for this area is around $140,000, making it an affordable option for those looking to purchase a home. Groceries and other necessities are moderately priced as well and the local economy offers many job opportunities which helps residents make ends meet. All in all, 14883 Spencer offers its residents an affordable lifestyle with plenty of amenities that make life comfortable and enjoyable.