Housing costs in Bronx?
A typical home costs
$505,700, which is 49.6% more expensive than the national average of
$338,100 and 22.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Bronx costs
$2,280 per month, which is 59.4% more than the national average of
$1,430 and 14.0% more than the state average of
$1,960.
Can I afford Bronx?
To live comfortably in Bronx, New York, a minimum annual income of
$96,840 for a family, and
$80,800 for a single person is recommended.
What does A.I. say about Bronx?
The Bronx has a lower cost than Manhattan but slightly higher than Queens or Brooklyn due to its public transportation costs which exceed those found elsewhere on Long Island or Westchester County. Overall it can be said that while many everyday expenses such as groceries may be slightly cheaper compared to nearby counties; items like housing can be significantly more expensive resulting in ultimately higher total expenses for those who choose to live there.