Zip 11220 (New York, NY) Cost of Living


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How much do I need to live in New York, New York?
$14,070 / month
for a family, 160.6% more expensive than the national average A total of $168,840 for the year for a family.
$6,833 / month
for a single person, 43.3% more expensive than the national average A total of $82,000 for the year for a single person.

New York cost of living score
172.5
More expensive
72.5% higher
than the US average
42.0% higher
than the New York average
New York (zip 11220), New York gets a BestPlaces Cost of Living score of 172.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 72.5% higher than the U.S. average and 42.0% lower than the average for New York.

Zip 11220 (New York, NY)

Housing costs in New York?
A typical home costs $881,200, which is 160.6% more expensive than the national average of $338,100 and 113.1% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New York costs $2,320 per month, which is 18.4% more than the national average of $1,960 and 6.5% more than the state average of $2,170.

Can I afford New York?
To live comfortably in New York (zip 11220), New York, a minimum annual income of $168,840 for a family, and $82,000 for a single person is recommended.

What does A.I. say about New York?
equestId:a02fc655-6d2c-4f22-bf94-972f760619f5,resource:content,data:[{id:txt_201e5462ed35430bbab1187d86ae6895,text:\n \nThe cost of living in 11220 New York, NY is quite high. The average cost of a one bedroom apartment is around $2,300 per month, and the median income for individuals is approximately $53,000 per year. The cost of groceries and other necessities can also be high, as this area is known for its expensive restaurants and stores. Public transportation options are limited in the area, so many residents rely on cars to get around. Due to its convenient location near Manhattan and Brooklyn, prices tend to be above the national average in this neighborhood.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew YorkNew YorkUnited States
    Unlock121.5100.0
  119.2  Unlock100.0
    Unlock120.7100.0
  177.6  Unlock100.0
    Unlock$413,600$338,100
  151.9  Unlock100.0
    Unlock140.7100.0
  134.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for New York
    See all (1)

Over 19 years ago

The residents of Sunset Park are mostly Hispanic and Chinese. This is a city neighborhood that has a high crime rate and high-priced housing. Hopefully we will see the  More

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