Housing costs in New York?
A typical home costs
$1,272,200, which is 276.3% more expensive than the national average of
$338,100 and 207.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,210 per month, which is 63.8% more than the national average of
$1,960 and 32.4% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10170), New York, a minimum annual income of
$243,720 for a family, and
$113,600 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10170 New York, NY is relatively high compared to other areas in the United States. In fact, the cost of living index for the area is above 130, meaning it is much higher than the national average. The area has some of the highest rated restaurants and most expensive retail stores, making it a desirable place to live for many individuals. Additionally, housing costs in this area are among the highest in the nation, with rental prices often surpassing $4,000 per month. Despite these costs, however, residents can enjoy a variety of amenities that make life easier and more enjoyable such as access to public transportation and proximity to entertainment hubs like Times Square.