Housing costs in Farmingdale?
A typical home costs
$540,600, which is 59.9% more expensive than the national average of
$338,100 and 30.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Farmingdale costs
$2,120 per month, which is 48.3% more than the national average of
$1,430 and 7.5% more than the state average of
$1,960.
Can I afford Farmingdale?
To live comfortably in Farmingdale, New York, a minimum annual income of
$103,680 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Farmingdale?
Farmingdale, NY is a relatively affordable area to live in. The cost of living index is just over 100, meaning it's a bit cheaper than the national average. Rent and housing costs here are also generally lower than those of other areas on Long Island. This makes it a desirable area for working professionals as well as families looking for an affordable place to call home. Additionally, there are plenty of restaurants, stores, and shops nearby which provide residents with great access to daily necessities and amenities without breaking the bank.