Housing costs in New York?
A typical home costs
$386,100, which is 14.2% more expensive than the national average of
$338,100 and 6.6% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,520 per month, which is 28.6% more than the national average of
$1,960 and 13.9% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10462), New York, a minimum annual income of
$73,800 for a family, and
$89,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10462 New York, NY is quite high. Housing expenses constitute the biggest chunk of living costs, with a median price for a one-bedroom apartment coming in at around $1,900 per month. Groceries and other basic necessities also tend to be quite expensive compared to the U.S. average, as well as transportation costs such as public transit fares and gas prices. City taxes are also higher than most areas of the country, though they are offset by the many services New York City provides its citizens. With all these factors taken into consideration, people planning to live in 10462 should expect to pay more than they may be used to for their everyday needs.