Housing costs in New York?
A typical home costs
$627,900, which is 85.7% more expensive than the national average of
$338,100 and 51.8% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,140 per month, which is 9.2% 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 10312), New York, a minimum annual income of
$120,240 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10312 New York, NY is very high, with an overall index score of 174.4 (the U.S. national average is 100). Housing expenses make up the largest portion of this score, coming in at 246.3 due to the expensive rents and property values in this area. Groceries and transportation are also relatively pricey, while healthcare is much lower than the national average at 86.9. All told, it can be quite expensive to live in 10312 New York, NY, so it's important to plan ahead and budget accordingly when considering a move here.