Housing costs in New York?
A typical home costs
$582,900, which is 72.4% more expensive than the national average of
$338,100 and 40.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in New York costs
$2,520 per month, which is 28.6% more than the national average of
$1,960 and 13.9% more than the state average of
$2,170.
Can I afford New York?
To live comfortably in New York (zip 11436), New York, a minimum annual income of
$111,600 for a family, and
$89,200 for a single person is recommended.
What does A.I. say about New York?
11436 New York, NY has a cost of living that is higher than the national average due to its high housing costs and general cost of goods. The median home price in 11436 is around $845,000, which is significantly higher than the US average of $218,000. Furthermore, the median rent in this area is about $2,350 per month. Additionally, basic necessities such as groceries and transportation tend to be more expensive than other parts of the US. Despite these higher costs, many residents find that living in this area is worth it due to its proximity to the city and wide variety of amenities available.