Housing costs in North Salem?
A typical home costs
$812,100, which is 140.2% more expensive than the national average of
$338,100 and 96.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in North Salem costs
$2,240 per month, which is 56.6% more than the national average of
$1,430 and 12.5% more than the state average of
$1,960.
Can I afford North Salem?
To live comfortably in North Salem, New York, a minimum annual income of
$155,520 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about North Salem?
The cost of living in North Salem, NY is comparatively high compared to other places in the region. The median home value in North Salem is $620,500 and the median household income is $104,375. This means that residents must have higher incomes to be able to afford housing prices in the area. North Salem also has higher taxes than many neighboring towns, which can add significantly to the overall cost of living. Despite these expenses, the town offers a great quality of life and access to plenty of outdoor activities.