Housing costs in New York?
A typical home costs
$358,000, which is 5.9% more expensive than the national average of
$338,100 and 13.4% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,750 per month, which is 40.3% more than the national average of
$1,960 and 21.1% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 10471), New York, a minimum annual income of
$68,760 for a family, and
$97,200 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 10471 New York, NY is significantly higher than the average cost of living in other parts of the United States. The median home price here is over $1 million, and rent prices can be upwards of $3,000 per month. Groceries, transportation, and utilities are all much more expensive than average as well. In addition to these costs, taxes tend to be very high in this area due to its close proximity to Manhattan. Despite the elevated costs, many people still choose to live in 10471 due to its excellent access to jobs and cultural attractions that cannot be found elsewhere.