Housing costs in Malverne?
A typical home costs
$672,800, which is 99.0% more expensive than the national average of
$338,100 and 62.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Malverne costs
$2,400 per month, which is 67.8% more than the national average of
$1,430 and 18.3% more than the state average of
$1,960.
Can I afford Malverne?
To live comfortably in Malverne (zip 11565), New York, a minimum annual income of
$128,880 for a family, and
$80,000 for a single person is recommended.
What does A.I. say about Malverne?
The cost of living in 11565 Malverne, NY is relatively high compared to other areas in the country. According to Best Places, the cost of goods and services is approximately 24% higher than the national average. Housing costs are especially high, with the median home value being nearly $600,000 according to Zillow. This price tag is significantly higher than the national median home value of $231,000. The overall cost of living in 11565 Malverne, NY may be a deterrent for some people looking for a new place to live; however, those who can afford it will find that the area has lots of amenities and activities that make it worth the extra cost.