Housing costs in Malverne?
A typical home costs
$630,900, which is 86.6% more expensive than the national average of
$338,100 and 52.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Malverne costs
$2,320 per month, which is 62.2% more than the national average of
$1,430 and 15.5% more than the state average of
$1,960.
Can I afford Malverne?
To live comfortably in Malverne, New York, a minimum annual income of
$120,960 for a family, and
$77,200 for a single person is recommended.
What does A.I. say about Malverne?
The cost of living in Malverne, NY is quite reasonable compared to other areas in the country. The median home value is roughly $447,400, making it much more affordable than many other places. Additionally, the average rent for a two-bedroom apartment is around $1,298 which is also very affordable and makes Malverne a great place to live. Groceries and utilities are also quite inexpensive making it even more desirable. All together, Malverne is an attractive option for individuals or families looking for affordability and quality of life.