Housing costs in Financial District?
A typical home costs
$1,280,000, which is 278.6% more expensive than the national average of
$338,100 and 209.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Financial District costs
$3,610 per month, which is 84.2% more than the national average of
$1,960 and 39.9% more than the state average of
$2,170.
Can I afford Financial District?
To live comfortably in Financial District (zip 10005), New York, a minimum annual income of
$245,160 for a family, and
$127,600 for a single person is recommended.
What does A.I. say about Financial District?
The cost of living in 10005 Financial District, NY is quite high due to the high demand for housing in the area. The average rent for a one bedroom apartment is around $2,800 per month, and two bedrooms are around $4,300. Utility bills can add up quickly as well, and food costs are also expensive due to the large number of restaurants nearby. Despite these costs, many residents find that living in this part of New York City offers a unique and exciting lifestyle that more than offsets the financial burden.