Housing costs in Fishers Island?
A typical home costs
$514,800, which is 52.3% more expensive than the national average of
$338,100 and 24.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Fishers Island costs
$2,200 per month, which is 53.8% more than the national average of
$1,430 and 10.9% more than the state average of
$1,960.
Can I afford Fishers Island?
To live comfortably in Fishers Island, New York, a minimum annual income of
$98,640 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about Fishers Island?
Fishers Island, NY is an exclusive and affluent island, and with that exclusivity comes a high cost of living. The average home price on the island is approximately $1 million, whereas in the surrounding area it's closer to $400,000. Other costs are similarly inflated on Fishers Island due to its unique location. Groceries, gas, and other basics can be quite expensive compared to neighboring towns and cities. Alongside these everyday costs, taxes can be steep for residents of the island, making it hard for people of all incomes to make ends meet.