Housing costs in Locust Valley?
A typical home costs
$965,800, which is 185.7% more expensive than the national average of
$338,100 and 133.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Locust Valley costs
$2,530 per month, which is 76.9% more than the national average of
$1,430 and 22.5% more than the state average of
$1,960.
Can I afford Locust Valley?
To live comfortably in Locust Valley (zip 11560), New York, a minimum annual income of
$185,040 for a family, and
$84,400 for a single person is recommended.
What does A.I. say about Locust Valley?
The cost of living in 11560 Locust Valley, NY is relatively high due to its close proximity to New York City and its desirable location on the north shore of Long Island. The median household income in this area is over $100,000 per year and median housing prices are over $1 million. Despite the higher living costs, many people flock to this area due to its great schools, beautiful scenery, and convenient access to New York City. In addition, there are a number of luxury amenities available within the area such as country clubs, spas, golf courses, marinas and more. All these factors contribute to a higher than average cost of living in 11560 Locust Valley, NY.