Housing costs in Long Beach?
A typical home costs
$739,000, which is 118.6% more expensive than the national average of
$338,100 and 78.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Long Beach costs
$2,620 per month, which is 33.7% more than the national average of
$1,960 and 17.2% more than the state average of
$2,170.
Can I afford Long Beach?
To live comfortably in Long Beach (zip 11561), New York, a minimum annual income of
$141,480 for a family, and
$87,600 for a single person is recommended.
What does A.I. say about Long Beach?
The cost of living in 11561 Long Beach, NY is relatively high compared to other places in the United States. According to BestPlaces, the cost of living index for Long Beach is 124.4 which is 24.4% higher than the U.S average. Housing prices are particularly high with a median home value of $632,700. Renters can expect to pay around $2,400 per month for a one-bedroom apartment. Utility bills such as electricity and water can be pricey too due to the city’s location near the ocean. Additionally, consumer goods and services tend to be more expensive in this area as well.