Housing costs in Nassau?
A typical home costs
$280,500, which is 17.0% less expensive than the national average of
$338,100 and 32.2% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Nassau costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 59.3% cheaper than the state average of
$1,960.
Can I afford Nassau?
To live comfortably in Nassau, New York, a minimum annual income of
$53,640 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Nassau?
Nassau, NY is an expensive place to live, with a cost of living index that is 27% higher than the national average. Housing costs are quite high in Nassau, with the median home price ranging from $360,000 to $485,000. The median rental rate for a two-bedroom apartment is around $2,400 per month. Food prices are also relatively high compared to other parts of the country due to limited local sources of produce and groceries. Other expenses like transportation and utilities also tend to be on the high side. Although living in Nassau can be costly, many people choose to stay here due to its proximity to New York City and access to numerous cultural amenities and attractions throughout Long Island.