Housing costs in Schenectady?
A typical home costs
$245,400, which is 27.4% less expensive than the national average of
$338,100 and 40.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Schenectady 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 Schenectady?
To live comfortably in Schenectady, New York, a minimum annual income of
$47,160 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Schenectady?
The cost of living in Schenectady, NY is 93 compared to the US average of 100. This means that it is 7% less expensive to live in Schenectady than it is on average across the United States. The median value of a house in Schenectady is $245,400 which is significantly lower than the US median value of $338,100. This makes Schenectady an attractive and affordable place to live for those looking for a good quality of life without breaking the bank.