Housing costs in New York?
A typical home costs
$637,100, which is 88.4% more expensive than the national average of
$338,100 and 54.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,290 per month, which is 16.8% more than the national average of
$1,960 and 5.2% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11203), New York, a minimum annual income of
$122,040 for a family, and
$80,800 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11203 New York, NY is quite high. The median household income for the area is $56,403, and the average home price is slightly over $750,000. Renting an apartment in this area can range anywhere from $1,500 to $3,000 a month depending on size and location. Living expenses such as groceries, transportation and entertainment can also add up quickly. Despite the high cost of living, many people are drawn to the area due to its vibrant culture and close proximity to some of the world’s most famous attractions.