Housing costs in Herkimer?
A typical home costs
$164,300, 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 Herkimer costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 104.2% cheaper than the state average of
$1,960.
Can I afford Herkimer?
To live comfortably in Herkimer New Y County, New York, a minimum annual income of
$31,320 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Herkimer?
The cost of living in Herkimer, NY County is lower than the national average. According to data from the US Census Bureau, the median house value in Herkimer County is $164,300 while the US average is $338,100. Additionally, the cost of living index in Herkimer County is 81.8 compared to the national average of 100. This means that it costs less to live in Herkimer County than other areas across the country. These lower costs can be attributed to several factors including a lower cost of housing and higher wages relative to other areas of New York State and beyond.