Housing costs in New York?
A typical home costs
$740,300, which is 119.0% more expensive than the national average of
$338,100 and 79.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,510 per month, which is 28.1% more than the national average of
$1,960 and 13.5% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11210), New York, a minimum annual income of
$141,840 for a family, and
$88,800 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11210 New York, NY is quite high. According to BestPlaces, a global cost of living database, the cost of living index in New York is 81.26 (where 100 is the national average). This is significantly higher than other parts of the country, making it one of the most expensive places to live in America. Housing prices are especially expensive, with an average two-bedroom apartment costing over $2,000 per month and a median price for a 3-bedroom home hovering around $800,000. Other daily expenses such as food, transportation and utilities also tend to be much higher than in other areas. Despite these high costs, many people choose to live in 11210 New York due to its proximity to job opportunities and culture that comes with living in such a big city.