Housing costs in Queens?
A typical home costs
$748,200, which is 121.3% more expensive than the national average of
$338,100 and 80.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Queens costs
$2,640 per month, which is 84.6% more than the national average of
$1,430 and 25.8% more than the state average of
$1,960.
Can I afford Queens?
To live comfortably in Queens, New York, a minimum annual income of
$143,280 for a family, and
$93,600 for a single person is recommended.
What does A.I. say about Queens?
Queens is another borough of New York City with a relatively high cost of living. Despite lower housing costs than Brooklyn, it is still 8% higher than the national average due to its high transportation costs and other necessities. Groceries, health care and utilities are also more costly compared to other parts of the country.