Housing costs in Thompson Ridge?
A typical home costs
$391,600, which is 15.8% more expensive than the national average of
$338,100 and 5.3% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Thompson Ridge costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and 23.3% cheaper than the state average of
$1,960.
Can I afford Thompson Ridge?
To live comfortably in Thompson Ridge (zip 10985), New York, a minimum annual income of
$74,880 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Thompson Ridge?
Living in 10985 Thompson Ridge, NY is fairly affordable compared to other areas in the state. The average cost of living index for the area is just 97.2, which is nearly 3 points lower than the national average. Housing costs are also very reasonable, with median home values hovering around $162,000 and median rent prices at approximately $1,250 per month. Utilities are generally affordable as well, with electricity rates averaging about 11 cents per kilowatt-hour and natural gas rates coming in around 32 cents per therm. Overall, living in 10985 Thompson Ridge can be an economical choice for many families or individuals looking to move to the area.