Housing costs in Nassau?
A typical home costs
$263,200, which is 22.2% less expensive than the national average of
$338,100 and 36.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Nassau costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 81.5% cheaper than the state average of
$1,960.
Can I afford Nassau?
To live comfortably in Nassau (zip 12123), New York, a minimum annual income of
$50,400 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Nassau?
The cost of living in 12123 Nassau, NY is relatively high compared to many other parts of the country. The average cost of housing is almost double the national average and the median home price is over $400,000. Property taxes are also quite high with an effective tax rate of 4.26 percent for 2020. Everyday expenses such as groceries and utilities are also more costly than in many other places due to higher prices for goods and services. Despite the higher costs, 12123 Nassau, NY remains a desirable place to live due to its close proximity to New York City and its strong community.