Housing costs in Chelsea - West Midtown?
A typical home costs
$1,562,600, which is 362.2% more expensive than the national average of
$338,100 and 277.8% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Chelsea - West Midtown costs
$3,700 per month, which is 88.8% more than the national average of
$1,960 and 41.4% more than the state average of
$2,170.
Can I afford Chelsea - West Midtown?
To live comfortably in Chelsea - West Midtown (zip 10001), New York, a minimum annual income of
$299,520 for a family, and
$131,200 for a single person is recommended.
What does A.I. say about Chelsea - West Midtown?
10001 Chelsea / West Midtown, NY is an expensive area to live in. Rent prices are among the highest in New York City, with a median of $3,050 for a one bedroom apartment. The cost of basic groceries and other necessities is also quite high compared to other parts of the city. Additionally, there are many bars and restaurants in the area that can increase your overall living costs. However, the convenience and unique lifestyle that comes with living in this part of Manhattan makes it worth it for many people who choose to make 10001 Chelsea / West Midtown their home.