Housing costs in New York?
A typical home costs
$589,200, which is 74.3% more expensive than the national average of
$338,100 and 42.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,210 per month, which is 12.8% more than the national average of
$1,960 and close to the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10310), New York, a minimum annual income of
$113,040 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10310 New York, NY is notoriously high. Rent prices in particular are among some of the highest in the United States. According to Zillow, the median rent price in the area is $2,903 per month and provides suggest that rent prices could be as high as $4,000 or more depending on specific location and amenities. Additionally, food and transportation costs can also add up quickly with an average of $3.50 for public transit fares and groceries costing upwards of 20% more than the national average. All these factors combined make it expensive to live in this part of Manhattan but also makes it a desirable location for those who can afford it.