Housing costs in New York?
A typical home costs
$674,500, which is 99.5% more expensive than the national average of
$338,100 and 63.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,830 per month, which is 44.4% more than the national average of
$1,960 and 23.3% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11426), New York, a minimum annual income of
$129,240 for a family, and
$100,000 for a single person is recommended.
What does A.I. say about New York?
The cost of living in 11426 New York, NY is quite high. The median home value is around $929,000 and the median rent is about $2,500 per month. Groceries are also relatively expensive due to the city's high taxes and cost of living. Utilities such as electricity and gas are usually more expensive than in other areas. Transportation costs can be high due to tolls on bridges and tunnels and parking fees. Additionally, clothing prices tend to be higher because of the luxury stores found throughout Manhattan.