Housing costs in Merrick?
A typical home costs
$729,200, which is 115.7% more expensive than the national average of
$338,100 and 76.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Merrick costs
$2,700 per month, which is 88.8% more than the national average of
$1,430 and 27.4% more than the state average of
$1,960.
Can I afford Merrick?
To live comfortably in Merrick (zip 11566), New York, a minimum annual income of
$139,680 for a family, and
$90,000 for a single person is recommended.
What does A.I. say about Merrick?
11566 Merrick, NY is an expensive place to live. The cost of housing is high, with median home values hovering above $400,000. Rent prices are also high, as a one-bedroom apartment can cost upwards of $2,000 per month. Utilities are also pricey in 11566 Merrick, NY, with average electricity bills costing around $200 per month. Transportation costs can be steep too, given that the nearest major airport is approximately 45 minutes away by car. All in all, living in 11566 Merrick requires a substantial budget and financial planning to cover the cost of living.