Housing costs in New York?
A typical home costs
$682,900, which is 102.0% more expensive than the national average of
$338,100 and 65.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,350 per month, which is 19.9% more than the national average of
$1,960 and 7.7% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11428), New York, a minimum annual income of
$130,680 for a family, and
$83,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11428 New York, NY is relatively high compared to other areas of the United States. The median home value is $859,400 and the median rent price is $3,350 per month. Basic necessities such as food and transportation are also quite expensive in this area. Grocery prices tend to be higher than other areas due to the influx of tourists and businesses located here. In addition, public transportation fares can add up quickly with a single ride costing around $2.75 and monthly MetroCard passes costing $121 for unlimited rides. All-in-all, 11428 New York, NY is a great place to live but individuals should plan accordingly when it comes to budgeting their finances in order to cover all expenses associated with living here.