Housing costs in Mount Sinai?
A typical home costs
$588,400, which is 74.0% more expensive than the national average of
$338,100 and 42.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Mount Sinai costs
$3,180 per month, which is 122.4% more than the national average of
$1,430 and 38.4% more than the state average of
$1,960.
Can I afford Mount Sinai?
To live comfortably in Mount Sinai, New York, a minimum annual income of
$112,680 for a family, and
$106,000 for a single person is recommended.
What does A.I. say about Mount Sinai?
The cost of living in Mount Sinai, NY is fairly moderate compared to other parts of the country. The average home value in Mount Sinai is $543,400 with a median sale price of $500,000. Rent prices are also relatively inexpensive at an average of around $1,900 for a one-bedroom apartment and $2,300 for two bedrooms. The overall cost of goods and services are slightly above the national average due to higher taxes and utility bills. However, most people consider this extra expense worth it due to the area’s high quality schools, low crime rate, and strong sense of community.