Housing costs in New York?
A typical home costs
$810,800, which is 139.8% more expensive than the national average of
$338,100 and 96.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,410 per month, which is 23.0% more than the national average of
$1,960 and 10.0% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11214), New York, a minimum annual income of
$155,520 for a family, and
$85,600 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11214 New York, NY is quite high compared to other parts of the country. The median home value for this area is close to $1 million, which is more than three times the national median. Renters in 11214 can expect to pay an average of $2,400 per month for a one-bedroom apartment. Prices for food, utilities, and transportation are also higher than the national averages. Despite the high costs, living in11214 is attractive due to its excellent public transit system and abundance of entertainment options.