Housing costs in Long Beach?
A typical home costs
$673,700, which is 99.3% more expensive than the national average of
$338,100 and 62.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Long Beach costs
$2,660 per month, which is 86.0% more than the national average of
$1,430 and 26.3% more than the state average of
$1,960.
Can I afford Long Beach?
To live comfortably in Long Beach, New York, a minimum annual income of
$129,240 for a family, and
$88,800 for a single person is recommended.
What does A.I. say about Long Beach?
The cost of living in Long Beach, NY is surprisingly affordable. The median home value is around $550,000, which relatively low compared to other areas in the New York City metropolitan area. Additionally, Long Beach has a competitively low sales tax rate of 8.625%, and an average property tax rate of 1.72%. With a variety of rental options available for apartments and homes, the cost of living in Long Beach remains appealing to many commuters and those looking for a beachside escape from the city.