Housing costs in New York?
A typical home costs
$614,900, which is 81.9% more expensive than the national average of
$338,100 and 48.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,370 per month, which is 20.9% more than the national average of
$1,960 and 8.4% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11236), New York, a minimum annual income of
$117,720 for a family, and
$83,600 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11236 New York, NY is notoriously high. Rent prices for apartments in the area are some of the highest in the city, with median rents hovering around $1,500 a month. Food and other basic necessities are also expensive, with the average consumer spending around $2,500 a month on groceries, utilities and other costs. Transportation is also costly due to the extensive public transit network in New York City. The total cost of living for an individual or family can easily exceed $4,000 a month. Despite these higher costs, 11236 is still a desirable area to live in thanks to its close proximity to cultural attractions and job opportunities.