Housing costs in New York?
A typical home costs
$1,371,200, which is 305.6% more expensive than the national average of
$338,100 and 231.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,150 per month, which is 60.7% more than the national average of
$1,960 and 31.1% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10167), New York, a minimum annual income of
$262,800 for a family, and
$111,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10167 New York, NY is quite high. According to Expatistan, the cost of living index for this area is currently 131.3, which is 31.3% higher than the average in the United States as a whole. Rent prices are particularly expensive, with an average one bedroom apartment costing around $2,500 per month. Groceries and other food items can also be costly; however, compared to other parts of the country they remain reasonable and on par with the rest of New York City's prices. Additionally, public transportation fares are relatively affordable and average around $2.75 per ride. All in all, living costs in 10167 New York, NY are certainly higher than most places in the United States though not prohibitively so.