Housing costs in New York?
A typical home costs
$534,000, which is 57.9% more expensive than the national average of
$338,100 and 29.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,640 per month, which is 34.7% more than the national average of
$1,960 and 17.8% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11354), New York, a minimum annual income of
$102,240 for a family, and
$93,600 for a single person is recommended.
What does A.I. say about New York?
11354 New York, NY is known to be an expensive area for living. The cost of living is quite high and can be a challenge for those on limited incomes. Home prices are steep with median home prices ranging from $600,000 to over $1 million dollars. Renters face similarly hefty costs as well with the average rent being around $2,500 per month. Groceries and other essentials tend to be higher than many other areas of the country but there are also opportunities for saving money through shopping at discount stores or finding good deals online. Despite the higher costs associated with living in 11354 New York, NY, it is still a great place to live due to its numerous attractions.