Housing costs in Lorenz Park?
A typical home costs
$171,400, which is 49.3% less expensive than the national average of
$338,100 and 58.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Lorenz Park costs
$2,050 per month, which is 43.4% more than the national average of
$1,430 and 4.4% more than the state average of
$1,960.
Can I afford Lorenz Park?
To live comfortably in Lorenz Park, New York, a minimum annual income of
$32,760 for a family, and
$70,400 for a single person is recommended.
What does A.I. say about Lorenz Park?
The cost of living in Lorenz Park, NY is quite expensive. The median home price in the area is $430,000, which is significantly higher than the national average. Groceries, transportation, healthcare and other goods and services are also pricier than most other places. While there are a few budget-friendly options, Lorenz Park is primarily known for its high-end restaurants and luxury shopping centers. Property taxes are also very high in this area. Overall, Lorenz Park is a great place to live but it does come with a hefty price tag.