Housing costs in New York?
A typical home costs
$814,400, which is 140.9% more expensive than the national average of
$338,100 and 96.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,800 per month, which is 42.9% more than the national average of
$1,960 and 22.5% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11209), New York, a minimum annual income of
$155,880 for a family, and
$99,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11209 New York, NY is quite high due to its location in one of the most expensive cities in the world. Rent prices are some of the highest in the nation, and groceries, transportation, healthcare, and entertainment also come with a hefty price tag. The average rent for a one-bedroom apartment is $2,000 per month, while groceries and transportation can easily exceed $100/week for a single person. Healthcare costs are also expensive, although there are options such as Medicaid that can help reduce those costs significantly. Despite the high cost of living in this area, it does offer access to excellent schools and plenty of job opportunities for those who decide to call this place home.