Housing costs in Hyde Park?
A typical home costs
$326,400, which is 3.5% less expensive than the national average of
$338,100 and 21.1% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Hyde Park costs
$1,360 per month, which is 4.9% cheaper than the national average of
$1,430 and 44.1% cheaper than the state average of
$1,960.
Can I afford Hyde Park?
To live comfortably in Hyde Park (zip 12538), New York, a minimum annual income of
$62,640 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Hyde Park?
The cost of living in 12538 Hyde Park, NY is relatively high. According to BestPlaces, the cost of living index for the area is 127.74 which is higher than the national average, and rent prices are among the highest in the country. The median home value in this area is $293,300 and the median household income is $91,741 which puts it on par with other affluent neighborhoods nearby. Despite the higher cost of living, this area remains an attractive destination for those looking for a high quality of life with plenty of amenities and activities to enjoy.