Housing costs in Piermont?
A typical home costs
$685,800, which is 102.8% more expensive than the national average of
$338,100 and 65.8% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Piermont costs
$3,100 per month, which is 58.2% more than the national average of
$1,960 and 30.0% more than the state average of
$2,170.
Can I afford Piermont?
To live comfortably in Piermont (zip 10968), New York, a minimum annual income of
$131,400 for a family, and
$109,600 for a single person is recommended.
What does A.I. say about Piermont?
The cost of living in 10968 Piermont, NY is relatively high. According to BestPlaces, the cost of living index score for the area is 183, which is significantly higher than the national average. This means that goods and services will be more expensive than in other areas of the country. Housing costs are particularly high in this area due to its proximity to New York City; the median home value is $541,400 and has increased by nearly 6% in just one year. Rental prices also tend to be on the higher end due to competition from those looking for an easy commute into Manhattan.