Housing costs in New York?
A typical home costs
$1,141,100, which is 237.5% more expensive than the national average of
$338,100 and 175.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$3,230 per month, which is 64.8% more than the national average of
$1,960 and 32.8% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11222), New York, a minimum annual income of
$218,520 for a family, and
$114,400 for a single person is recommended.
What does A.I. say about New York?
11222 New York, NY has an incredibly high cost of living compared to other parts of the country. Rent for a one bedroom apartment in the area can range from $2,000-$3,000 depending on location and amenities; groceries can be pricey as well, especially if you're buying fresh produce or organic items. Utilities can also be costly due to the higher taxes imposed by the city of New York. Transportation costs are also quite high - monthly passes for NYC’s public transportation system cost around $120-$127 depending on the type of pass purchased. Despite the higher costs associated with living in 11222 New York, NY, many people find it worth it because of the abundant job opportunities, cultural diversity and entertainment options.