Housing costs in Murray Hill - Kips Bay?
A typical home costs
$871,600, which is 157.8% more expensive than the national average of
$338,100 and 110.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Murray Hill - Kips Bay costs
$3,770 per month, which is 92.3% more than the national average of
$1,960 and 42.4% more than the state average of
$2,170.
Can I afford Murray Hill - Kips Bay?
To live comfortably in Murray Hill - Kips Bay (zip 10016), New York, a minimum annual income of
$167,040 for a family, and
$133,600 for a single person is recommended.
What does A.I. say about Murray Hill - Kips Bay?
The cost of living in 10016 Murray Hill/Kips Bay, NY is on the higher end. The median monthly rent for a one bedroom apartment is around $2,800 and the median home value is over $900,000. Groceries can be quite pricey with an average grocery bill totaling about $5,000 per year. Transportation costs are also high with public transportation fares costing nearly three times more than the national average. Despite these costs, this area is widely considered to be a great place to live due to its central location and access to amenities such as restaurants and nightlife.