Housing costs in New York?
A typical home costs
$1,327,900, which is 292.8% more expensive than the national average of
$338,100 and 221.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,070 per month, which is 56.6% more than the national average of
$1,960 and 29.3% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10199), New York, a minimum annual income of
$254,520 for a family, and
$108,800 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10199 New York, NY is quite high. The median rent for a one-bedroom apartment is around $2,800 per month, and the median home price is over $1 million. Other costs such as utilities, groceries, transportation, and entertainment are also quite high compared to other cities. However, for those who can afford it, the city offers many great amenities that make it worth the expense. There are endless cultural attractions, a vast array of restaurants and bars to choose from, excellent shopping opportunities, and plenty of parks and green spaces to explore.