Housing costs in New York?
A typical home costs
$671,200, which is 98.5% more expensive than the national average of
$338,100 and 62.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,620 per month, which is 33.7% more than the national average of
$1,960 and 17.2% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11369), New York, a minimum annual income of
$128,520 for a family, and
$92,800 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11369 New York, NY is quite high. Rent prices are steep, with an average one bedroom apartment going for around $1,800 a month. Grocery and household expenses can also be expensive, as the area has some of the highest costs for food and other items in the United States. Transportation costs can be high, too, as the area is very well-connected by public transportation networks like subways and buses. Beyond these essential costs, entertainment expenses such as dining out and going to movies can also add up quickly. All in all, living in this area of New York City requires a substantial budget.