Housing costs in Norwich?
A typical home costs
$112,100, which is 66.8% less expensive than the national average of
$338,100 and 72.9% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Norwich costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 136.1% cheaper than the state average of
$1,960.
Can I afford Norwich?
To live comfortably in Norwich, New York, a minimum annual income of
$21,600 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Norwich?
Norwich, NY is an affordable place to live. The cost of living in Norwich is around 6 percent lower than the United States average. Rent and transportation are two of the most significant costs for residents; however, both expenses are much lower than the national average. Groceries, health care, and other goods also tend to be more affordable in Norwich compared to other places within the United States. In addition, wages tend to be slightly higher than the national average in Norwich, making it a great place for anyone looking for a place to live that won't break the bank.