Housing costs in New York?
A typical home costs
$933,500, which is 176.1% more expensive than the national average of
$338,100 and 125.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,780 per month, which is 41.8% more than the national average of
$1,960 and 21.9% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11358), New York, a minimum annual income of
$178,920 for a family, and
$98,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11358 New York, NY is very high. Housing costs are the biggest expense for most residents, followed by groceries and transportation. Compared to the national average, rent in 11358 is more than double. Groceries are also more expensive than in other cities due to a lack of nearby options and limited access to farmers markets. Public transportation is also an expensive necessity for getting around town and typically requires monthly passes or metro cards. Due to these higher costs, it's important to budget carefully in order to make ends meet while living here.