
Housing costs in Salamanca town?
A typical home costs
$164,400, which is 51.4% less expensive than the national average of
$338,100 and 60.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Salamanca town costs
$780 per month, which is 45.5% more than the national average of
$1,430 and 151.3% more than the state average of
$1,960.
Can I afford Salamanca town?
To live comfortably in Salamanca town, New York, a minimum annual income of
$31,680 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Salamanca town?
The cost of living in Salamanca town, NY is relatively affordable compared to other areas of the state. According to BestPlaces, the cost of living index is 81.31, which is 16% lower than the New York average and 19.7% lower than the national average. In terms of housing costs, the median home price in Salamanca town is $62,100, making it one of the most affordable towns to live in within the state. Renting is also quite reasonable with a median cost of around $650 per month for a two-bedroom apartment. In addition, groceries and utilities are fairly inexpensive making this an ideal place for those looking for a budget-friendly lifestyle.