Housing costs in Inwood?
A typical home costs
$433,400, which is 28.2% more expensive than the national average of
$338,100 and 4.8% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Inwood costs
$2,290 per month, which is 16.8% more than the national average of
$1,960 and 5.2% more than the state average of
$2,170.
Can I afford Inwood?
To live comfortably in Inwood (zip 10034), New York, a minimum annual income of
$83,160 for a family, and
$81,200 for a single person is recommended.
What does A.I. say about Inwood?
The cost of living in 10034 Inwood, NY is relatively high compared to the national average. According to BestPlaces, the cost of living index in 10034 is 114.9, which is 14.9% higher than the national average. This means that housing prices are above the national median and food costs around 10-20% more than the U.S. standard. Other expenses such as transportation, utilities, healthcare and entertainment also tend to be a bit higher in this area due to its proximity to NYC's premium lifestyle and high demand for services from locals and tourists alike.