Housing costs in New York?
A typical home costs
$878,400, which is 159.8% more expensive than the national average of
$338,100 and 112.4% 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 11237), New York, a minimum annual income of
$168,480 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 11237 New York, NY is quite high. Rent prices for one bedroom apartments are typically around $2,100 per month and average household incomes are only about $28,371 annually. The median home price in this zip code is around $752,000, making it difficult to purchase a home. Groceries and utilities tend to be more expensive than the national average and transportation costs can also add up quickly with prices for MetroCards exceeding $121 per month. Despite these challenges, many people choose to live in this area due to its proximity to Manhattan and access to great amenities.