Housing costs in New York?
A typical home costs
$1,392,700, which is 311.9% more expensive than the national average of
$338,100 and 236.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,660 per month, which is 86.7% more than the national average of
$1,960 and 40.7% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11215), New York, a minimum annual income of
$266,760 for a family, and
$129,600 for a single person is recommended.
What does A.I. say about New York?
11215 New York, NY is known to be an expensive area to live in. The average rent for a one-bedroom apartment is approximately $2,800 per month. Groceries are also pricey due to the high cost of living; fresh produce and other food items can range anywhere from 15-20% higher than the national average. Although transportation costs are reasonable, with public transit and bike share options easily accessible, basic necessities such as clothing and entertainment tend to be more expensive. All these factors make 11215 New York one of the priciest places to live in the NYC area.