Housing costs in New York?
A typical home costs
$1,014,800, which is 200.1% more expensive than the national average of
$338,100 and 145.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,030 per month, which is 54.6% more than the national average of
$1,960 and 28.4% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11211), New York, a minimum annual income of
$194,400 for a family, and
$107,600 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11211 New York, NY is very high. The median home value is $1,308,700 and the median rent for a one-bedroom apartment is $3,288 per month. This means that many people must either be able to afford a high salary or have multiple streams of income to live comfortably in the area. Groceries, transportation costs, and other necessities can also add up quickly in an expensive city like New York. Despite its high cost of living, living in Brooklyn offers many attractions and amenities that make it an attractive place for many people to live.