Housing costs in New York?
A typical home costs
$1,033,600, which is 205.7% more expensive than the national average of
$338,100 and 149.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,510 per month, which is 28.1% more than the national average of
$1,960 and 13.5% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11221), New York, a minimum annual income of
$198,000 for a family, and
$88,800 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11221 New York, NY is quite high compared to other parts of the country. The median home value in the area is $1,112,400 and the median rent for a one bedroom apartment is over $2,000 per month. Other expenses such as groceries, transportation and utilities can add up quickly in this pricey part of the city. Although it is expensive to live in 11221 New York, NY, many people find that it is worth it given its access to great restaurants, shops, and entertainment options.