Housing costs in Cold Spring?
A typical home costs
$631,400, which is 86.7% more expensive than the national average of
$338,100 and 52.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Cold Spring costs
$2,430 per month, which is 69.9% more than the national average of
$1,430 and 19.3% more than the state average of
$1,960.
Can I afford Cold Spring?
To live comfortably in Cold Spring (zip 10516), New York, a minimum annual income of
$120,960 for a family, and
$86,000 for a single person is recommended.
What does A.I. say about Cold Spring?
The cost of living in 10516 Cold Spring, NY is relatively high compared to the national average. The housing market is particularly expensive, as the median home value for this area is more than twice the national average. Renting a one-bedroom apartment runs around $1,700 per month. Groceries and other everyday items are also priced higher than when compared to most U.S. cities. When it comes to transportation costs, gas prices tend to be slightly lower than the national average but public transportation can be pricy as well if you don't qualify for discounted rates. Overall, those who choose to live in this area should plan on a larger budget for living expenses