Housing costs in Carmel?
A typical home costs
$418,300, which is 23.7% more expensive than the national average of
$338,100 and 1.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Carmel costs
$2,150 per month, which is 50.3% more than the national average of
$1,430 and 8.8% more than the state average of
$1,960.
Can I afford Carmel?
To live comfortably in Carmel (zip 10512), New York, a minimum annual income of
$80,280 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Carmel?
Living in 10512 Carmel, NY is not cheap. The median home value in the area is $346,500 and the median rent is around $1,625. Prices for goods and services are higher than in many other places around the country. Food costs tend to be slightly above average, while utilities are about at the national average. Other services such as healthcare and childcare can be more expensive than elsewhere due to the higher cost of living in this area. Though it may be expensive to live here, residents enjoy easy access to amenities like shopping centers, parks, restaurants, entertainment venues, and schools.