Housing costs in Locust Valley?
A typical home costs
$959,200, which is 183.7% more expensive than the national average of
$338,100 and 131.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Locust Valley costs
$2,520 per month, which is 76.2% more than the national average of
$1,430 and 22.2% more than the state average of
$1,960.
Can I afford Locust Valley?
To live comfortably in Locust Valley, New York, a minimum annual income of
$183,960 for a family, and
$84,000 for a single person is recommended.
What does A.I. say about Locust Valley?
The cost of living in Locust Valley, NY is relatively high compared to the national average. According to BestPlaces, the cost of living index for Locust Valley is 81.25, which is higher than the US average of 57.3. Housing prices are quite high, with an average price for a three-bedroom house costing over $1 million. Groceries and transportation costs also tend to be more expensive than the national averages. All in all, living in Locust Valley can cost significantly more than other parts of the country.