Zip 11516 (Cedarhurst, NY) Cost of Living


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How much do I need to live in Cedarhurst, New York?
$15,330 / month
for a family, 183.9% more expensive than the national average A total of $183,960 for the year for a family.
$6,400 / month
for a single person, 34.3% more expensive than the national average A total of $76,800 for the year for a single person.

Cedarhurst cost of living score
160.6
More expensive
60.6% higher
than the US average
32.2% higher
than the New York average
Cedarhurst (zip 11516), New York gets a BestPlaces Cost of Living score of 160.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 60.6% higher than the U.S. average and 32.2% lower than the average for New York.

Zip 11516 (Cedarhurst, NY)

Housing costs in Cedarhurst?
A typical home costs $959,700, which is 183.9% more expensive than the national average of $338,100 and 132.0% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Cedarhurst costs $2,300 per month, which is 60.8% more than the national average of $1,430 and 14.8% more than the state average of $1,960.

Can I afford Cedarhurst?
To live comfortably in Cedarhurst (zip 11516), New York, a minimum annual income of $183,960 for a family, and $76,800 for a single person is recommended.

What does A.I. say about Cedarhurst?
11516 Cedarhurst, NY is an area with a relatively high cost of living. The median home price in the area is close to $500,000 and the average rent for a two-bedroom apartment is around $2,200. Groceries and other basic necessities are also more expensive than in other parts of the country. While this can be a strain on renters and homeowners alike, there are some benefits to living in 11516 Cedarhurst that might make it worth it. It’s located in close proximity to New York City, making it possible to work and play without sacrificing precious time spent commuting. In addition, the area boasts plenty of cultural activities, restaurants, parks, shopping centers, and other attractions that would appeal to those looking for an exciting place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCedarhurstNew YorkUnited States
    Unlock121.5100.0
  112.0  Unlock100.0
    Unlock120.7100.0
  298.8  Unlock100.0
    Unlock$413,600$338,100
  138.4  Unlock100.0
    Unlock140.7100.0
  157.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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