Housing costs in Derby?
A typical home costs
$211,300, which is 37.5% less expensive than the national average of
$338,100 and 48.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Derby costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 88.5% cheaper than the state average of
$1,960.
Can I afford Derby?
To live comfortably in Derby (zip 14047), New York, a minimum annual income of
$40,320 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Derby?
The cost of living in Derby, NY 14047 is higher than the national average. According to BestPlaces, the overall cost of living index in Derby is 106.37, which is 6.37% higher than the US average of 100. This includes a housing index of 97.31 and a grocery index of 107.92, both of which are lower than the US average. The transportation index stands at 98.53 and healthcare costs are much higher at 114.16; again both values are lower than the US national averages for these categories respectively. All in all, living in Derby can be more expensive than other parts of the country due to its overall cost of living index being higher than the national average.