Housing costs in New York?
A typical home costs
$525,800, which is 55.5% more expensive than the national average of
$338,100 and 27.1% 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 11414), New York, a minimum annual income of
$100,800 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 11414 New York, NY is quite high. The average rent for a one-bedroom apartment is around $2,400 a month, and the median home value in the area is around $630,000. Additionally, groceries and other day-to-day items tend to be more expensive than in other parts of the country. However, there are some great amenities that come with living in this neighborhood including access to public transportation, various restaurants and shopping options, and great schools. Despite the higher costs associated with living here, the benefits can outweigh these disadvantages depending on individual circumstance.