Housing costs in Fishers Island?
A typical home costs
$606,700, which is 79.4% more expensive than the national average of
$338,100 and 46.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Fishers Island costs
$2,290 per month, which is 16.8% more than the national average of
$1,960 and 5.2% more than the state average of
$2,170.
Can I afford Fishers Island?
To live comfortably in Fishers Island (zip 06390), New York, a minimum annual income of
$116,280 for a family, and
$76,400 for a single person is recommended.
What does A.I. say about Fishers Island?
Living on Fishers Island, NY is by no means inexpensive. According to Zillow, the median home value in 06390 is around $1.7 million, making it one of the most expensive ZIP codes in the United States. The cost of living in this area is also quite high due to the limited availability of goods and services that are found there. Prices for basic necessities such as groceries, gas, and even restaurants are often higher than other areas due to a lack of competition. In addition to this, local taxes are higher than average due to the island's incorporated status. All these factors contribute to a more expensive lifestyle than many other places in the country.