Housing costs in Cranberry Lake?
A typical home costs
$280,900, which is 16.9% less expensive than the national average of
$338,100 and 32.1% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Cranberry Lake costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 113.0% cheaper than the state average of
$1,960.
Can I afford Cranberry Lake?
To live comfortably in Cranberry Lake, New York, a minimum annual income of
$54,000 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Cranberry Lake?
The cost of living in Cranberry Lake, NY is relatively low compared to the larger cities nearby. The median home cost is around $134,000 and the cost of living index is at a comfortable 84 - which is 16% lower than the national average. In comparison to its neighboring cities, Cranberry Lake has had a steady decrease in real estate prices as well as food expenses. Overall, the cost of living in this area can be considered affordable and allows plenty of room for savings.