Housing costs in New York?
A typical home costs
$1,246,500, which is 268.7% more expensive than the national average of
$338,100 and 201.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,180 per month, which is 62.2% more than the national average of
$1,960 and 31.8% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10112), New York, a minimum annual income of
$238,680 for a family, and
$112,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10112 New York, NY is extremely high. The average rent for a one bedroom apartment in the area is around $3,000 per month. Groceries and other daily necessities are more expensive than the national average as well. There are also higher taxes associated with living in New York City, which can further add to the cost of living. Despite the high prices, many people move to this neighborhood to take advantage of its wide array of cultural activities, museums and restaurants. It’s easy to see why so many people are willing to pay a premium for living in this iconic city.