Housing costs in New York?
A typical home costs
$773,800, which is 128.9% more expensive than the national average of
$338,100 and 87.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,470 per month, which is 26.0% more than the national average of
$1,960 and 12.1% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11385), New York, a minimum annual income of
$148,320 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11385 New York, NY is quite high compared to other parts of the country. The median home value in the area is $520,000, which is more than double the national median. Utility costs are also above average compared to the rest of the US, with electricity costing about 20% more than the national average. A typical grocery bill in 11385 can range from around $50 to over $200 depending on how much food is purchased. Furthermore, transportation costs are also on the higher side due to limited public transportation availability and reliance on automobiles for commuting purposes.