Zip 10027 (Mt. Morris Park - Morningside Heights, NY) Cost of Living


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Mt. Morris Park - Morningside Heights cost of living score
204.1
More expensive
104.1% higher
than the US average
68.0% higher
than the New York average
Mt. Morris Park - Morningside Heights (zip 10027), New York gets a BestPlaces Cost of Living score of 204.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 104.1% higher than the U.S. average and 68.0% lower than the average for New York.

Zip 10027 (Mt. Morris Park - Morningside Heights, NY)

Housing costs in Mt. Morris Park - Morningside Heights?
A typical home costs $813,900, which is 140.7% more expensive than the national average of $338,100 and 96.8% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Mt. Morris Park - Morningside Heights costs $2,260 per month, which is 15.3% more than the national average of $1,960 and 4.0% more than the state average of $2,170.

Can I afford Mt. Morris Park - Morningside Heights?
To live comfortably in Mt. Morris Park - Morningside Heights (zip 10027), New York, a minimum annual income of $155,880 for a family, and $80,000 for a single person is recommended.

What does A.I. say about Mt. Morris Park - Morningside Heights?
The cost of living in 10027 Mt. Morris Park, Morningside Heights, NY is quite expensive. According to Zillow, the median home value in the area is $1,187,234 and has been steadily increasing over the past year. Renters face an average rent of $3,723 per month and have seen rental prices increase by 3.4% over the past year. The overall cost of living index for the area is 136.5 which is higher than both the New York average of 122.4 and national average of 100. Groceries, healthcare expenses, utilities, and transportation costs are all higher than both local and national averages as well.
   Cost of living score
     CategoriesMt. Morris Park - Morningside HeightsNew YorkUnited States
  204.1121.5100.0
  119.7103.8100
  125.1120.7100.0
  212.9127.9100.0
  $813,900$413,600$338,100
  150.3%115.9%100.0%
  171.1140.7100.0
  168.1121.8100.0

   100=National Average

   Average Rent by Bedroom Size
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