Housing costs in East Hampton?
A typical home costs
$1,237,400, which is 266.0% more expensive than the national average of
$338,100 and 199.2% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in East Hampton costs
$2,820 per month, which is 97.2% more than the national average of
$1,430 and 30.5% more than the state average of
$1,960.
Can I afford East Hampton?
To live comfortably in East Hampton, New York, a minimum annual income of
$237,240 for a family, and
$94,000 for a single person is recommended.
What does A.I. say about East Hampton?
The cost of living in East Hampton, NY is significantly higher than the national average. Rental costs are extremely high and can range from $2,000 for a one-bedroom apartment to as much as $10,000+ for a luxury home. The median home price is around $890,000 which is about three times the national average. Groceries and other necessities can also be more expensive than other areas of the country due to limited competition in the area. Despite this, East Hampton remains a popular destination for many due to its beautiful scenery, rich culture, and proximity to New York City.