Housing costs in New York?
A typical home costs
$756,500, which is 123.8% more expensive than the national average of
$338,100 and 82.9% 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 11230), New York, a minimum annual income of
$145,080 for a family, and
$88,000 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11230 New York, NY is generally higher than the national average. Rent costs are particularly expensive, with the median rent for a one bedroom apartment being $2,825. Food and transportation costs are also high, with groceries costing an estimated 10-15% more than the national average. While living in such an exciting city may come at a steep price tag, the variety of attractions and vibrant culture make it well worth the expense.