Housing costs in New York?
A typical home costs
$757,200, which is 124.0% more expensive than the national average of
$338,100 and 83.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,110 per month, which is 58.7% more than the national average of
$1,960 and 30.2% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11102), New York, a minimum annual income of
$145,080 for a family, and
$110,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11102 New York, NY is significantly higher than most parts of the country. According to BestPlaces, the cost of groceries here is approximately 22% higher than the national average. Rent prices are also much higher, with apartments in this zip code ranging from around $2,000 to $4,800 a month. Utilities can add to significant monthly expenses as well. Overall, living in 11102 New York requires a larger income and financial planning than many other parts of the country.