Housing costs in New York?
A typical home costs
$635,100, which is 87.8% more expensive than the national average of
$338,100 and 53.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,440 per month, which is 24.5% more than the national average of
$1,960 and 11.1% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11420), New York, a minimum annual income of
$121,680 for a family, and
$86,400 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11420 New York, NY is quite high. Rent prices are steep, and the average rent for a one bedroom apartment is around $2,000 a month. Groceries and other household items can also be expensive. Transportation costs can add up quickly as well, with some subway rides costing up to $3 each way. Utility bills are higher than in many other cities, and services such as internet connections often require a large initial investment. Overall, the cost of living in 11420 New York, NY is on the higher end compared to other parts of the country.