Housing costs in New York?
A typical home costs
$675,900, which is 99.9% more expensive than the national average of
$338,100 and 63.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,480 per month, which is 26.5% more than the national average of
$1,960 and 12.5% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11229), New York, a minimum annual income of
$129,600 for a family, and
$88,000 for a single person is recommended.
What does A.I. say about New York?
11229 New York, NY has a relatively high cost of living compared to other areas in the United States. The median home cost in 11229 is $749,000 with an annual change of 6.4%. The average rent for a one bedroom apartment is around $2,200 which has increased by 1.3% from the previous year. Groceries, transportation and utilities are all above the national average as well due to the higher population density and large number of businesses located in the area. The overall cost of living in 11229 New York, NY can be considered quite expensive as it is higher than both the state and national averages.