Housing costs in New York?
A typical home costs
$639,600, which is 89.2% more expensive than the national average of
$338,100 and 54.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,330 per month, which is 18.9% more than the national average of
$1,960 and 6.9% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11208), New York, a minimum annual income of
$122,400 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11208 New York, NY is relatively high. The median home value in the area is $711,100, and rents average $2,425 per month. Groceries, transportation, and health care costs are all above the national average. Although the cost of living is high overall it is worth it for those who want to live in a desirable area close to many amenities like shopping and dining options.