Housing costs in Melville?
A typical home costs
$725,800, which is 114.7% more expensive than the national average of
$338,100 and 75.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Melville costs
$3,240 per month, which is 126.6% more than the national average of
$1,430 and 39.5% more than the state average of
$1,960.
Can I afford Melville?
To live comfortably in Melville (zip 11747), New York, a minimum annual income of
$138,960 for a family, and
$108,000 for a single person is recommended.
What does A.I. say about Melville?
11747 Melville, NY has a relatively high cost of living compared to other areas of the state. The median home price in this area is higher than most other zip codes in New York State, currently at around $385,000. Groceries and utilities are also above average as well, with grocery costs averaging around $5.00 per item and utilities costing an average of $110 per month. Additionally, while public transportation is available in the form of bus lines, most people choose to drive their own vehicles due to the convenience and cost savings associated with it. Overall, 11747 Melville, NY has a moderately high cost of living that can be offset by its proximity to the city and its many attractions.