Housing costs in Otsego?
A typical home costs
$454,600, which is 34.5% more expensive than the national average of
$338,100 and 9.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Otsego costs
$910 per month, which is 36.4% more than the national average of
$1,430 and 115.4% more than the state average of
$1,960.
Can I afford Otsego?
To live comfortably in Otsego, New York, a minimum annual income of
$87,120 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Otsego?
Otsego, NY is a relatively affordable place to live. The median home price in the area is around $143,000 which is below the national average, making it an attractive location for those looking for affordability. In addition, the cost of living in the area is low compared to other areas in the state of New York. The cost of goods and services in Otsego is about 6% lower than the United States average, making it one of the most affordable places to live. Overall, Otsego offers a great balance between affordability and quality of life.