Zip 10010 (Gramercy - Flatiron, NY) Cost of Living


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Gramercy - Flatiron cost of living score
204.1
More expensive
104.1% higher
than the US average
68.0% higher
than the New York average
Gramercy - Flatiron (zip 10010), New York gets a BestPlaces Cost of Living score of 204.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 104.1% higher than the U.S. average and 68.0% lower than the average for New York.

Zip 10010 (Gramercy - Flatiron, NY)

Housing costs in Gramercy - Flatiron?
A typical home costs $1,273,800, which is 276.8% more expensive than the national average of $338,100 and 208.0% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Gramercy - Flatiron costs $3,620 per month, which is 84.7% more than the national average of $1,960 and 40.1% more than the state average of $2,170.

Can I afford Gramercy - Flatiron?
To live comfortably in Gramercy - Flatiron (zip 10010), New York, a minimum annual income of $244,080 for a family, and $128,000 for a single person is recommended.

What does A.I. say about Gramercy - Flatiron?
The cost of living in 10010 Gramercy/Flatiron, NY is quite high. According to BestPlaces, the cost of living index in NYC is rated as 121.5, which is 21.5% higher than the US average of 100. This means that prices for basic goods and services are much higher than the national average. The median rent price for a one-bedroom apartment is around $3,350 per month, while utility costs hover around $153 per month. Groceries also tend to be more expensive here compared to other cities. Consequently, it can be difficult for those who live on a budget to make ends meet in this area of New York City.
   Cost of living score
     CategoriesGramercy - FlatironNew YorkUnited States
  204.1121.5100.0
  125.9103.8100
  125.1120.7100.0
  268.6127.9100.0
  $1,273,800$413,600$338,100
  150.3%115.9%100.0%
  149.8140.7100.0
  168.1121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Gramercy - Flatiron
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Over 16 years ago

A good place to raise a family, apartments are relatively large & cheaper than many other neighborhoods, and it has Madison square park, plus various kid's centers like  More

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