Housing costs in Inwood?
A typical home costs
$607,600, which is 79.7% more expensive than the national average of
$338,100 and 46.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Inwood costs
$1,990 per month, which is 39.2% more than the national average of
$1,430 and close to the state average of
$1,960.
Can I afford Inwood?
To live comfortably in Inwood (zip 11096), New York, a minimum annual income of
$116,280 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Inwood?
The cost of living in 11096 Inwood, NY is relatively high compared to other parts of the state and country. The median home price in the area is around $610,000, which is significantly higher than the median home price for New York State as a whole, which is around $309,700. Additionally, housing costs are quite expensive in this part of New York, with the average rent being around $2,000 for a one-bedroom apartment. Groceries and utilities also tend to be more expensive than in other places due to the high cost of living overall. However, there are still some bargains to be had if you are willing to look around and compare prices.