Housing costs in New York?
A typical home costs
$799,900, which is 136.6% more expensive than the national average of
$338,100 and 93.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,380 per month, which is 21.4% more than the national average of
$1,960 and 8.8% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11365), New York, a minimum annual income of
$153,360 for a family, and
$84,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11365 New York, NY is relatively high compared to other parts of the country. The median home value for the area is $873,100 according to Zillow, which is substantially higher than the national median of $231,200. On top of that, the cost of goods and services is also higher than average due to its proximity to New York City. Property taxes are also higher than average at an estimated 1.47%, and utility costs are slightly above average as well. While 11365 may be a desirable place to live due to its access to quality amenities and opportunities, it comes with a larger price tag.