Housing costs in New York?
A typical home costs
$1,379,300, which is 308.0% more expensive than the national average of
$338,100 and 233.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,780 per month, which is 92.9% more than the national average of
$1,960 and 42.6% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11217), New York, a minimum annual income of
$264,240 for a family, and
$134,000 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11217 New York, NY is quite expensive. The median rental price for a one-bedroom apartment in the area is around $2,840 per month, while the average monthly cost of groceries for a single person is approximately $360. Other costs such as utilities and transportation can add up quickly, so it's important to budget accordingly when considering living in this area. Additionally, New York City has some of the highest taxes in the country, which can make living here even more expensive.