Housing costs in Saratoga Springs?
A typical home costs
$478,200, which is 41.4% more expensive than the national average of
$338,100 and 15.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Saratoga Springs costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 14.6% cheaper than the state average of
$1,960.
Can I afford Saratoga Springs?
To live comfortably in Saratoga Springs, New York, a minimum annual income of
$91,800 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Saratoga Springs?
Saratoga Springs, NY is known for being a relatively expensive place to live. Costs of living are higher than the national average, and housing costs in particular can take up a large portion of residents' income. The median home price in Saratoga Springs is around $300,000, which is approximately double the national median home price. However, salaries tend to be higher than average so it's possible to live comfortably on a salary in the area. Groceries, entertainment, and healthcare are all more expensive than the national average as well so it pays to plan ahead when budgeting for expenses.