Housing costs in New York?
A typical home costs
$622,200, which is 84.0% more expensive than the national average of
$338,100 and 50.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,970 per month, which is 51.5% more than the national average of
$1,960 and 26.9% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11106), New York, a minimum annual income of
$119,160 for a family, and
$105,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11106 New York, NY is notably expensive compared to other parts of the country. According to BestPlaces, the cost of living index for this area is 156.8, which is 56.8% higher than the national average. The most expensive aspects are housing costs and transport costs, for which prices are 253% and 151% respectively above the nation's average. Groceries and health care expenses are also significantly more expensive compared to other cities in America, with levels at 147% and 82% above average respectively.