Housing costs in Washington Heights?
A typical home costs
$291,500, which is 13.8% less expensive than the national average of
$338,100 and 29.5% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Washington Heights costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,960.
Can I afford Washington Heights?
To live comfortably in Washington Heights, New York, a minimum annual income of
$55,800 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Washington Heights?
Washington Heights, NY is known to have a relatively low cost of living compared to other parts of New York City. Housing costs are much lower than the average for the city as a whole, and the area has an abundance of affordable rental apartments and homes available. Groceries and dining prices tend to be lower than other surrounding neighborhoods as well. The overall cost of living in Washington Heights is attractive to those looking to save money while still having access to all the amenities that come with living in NYC.