Zip 10705 (Yonkers, NY) Cost of Living


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How much do I need to live in Yonkers, New York?
$9,570 / month
for a family, 77.2% more expensive than the national average A total of $114,840 for the year for a family.
$5,100 / month
for a single person, 7.0% more expensive than the national average A total of $61,200 for the year for a single person.

Yonkers cost of living score
157
More expensive
57.0% higher
than the US average
29.2% higher
than the New York average
Yonkers (zip 10705), New York gets a BestPlaces Cost of Living score of 157, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 57.0% higher than the U.S. average and 29.2% lower than the average for New York.

Zip 10705 (Yonkers, NY)

Housing costs in Yonkers?
A typical home costs $599,100, which is 77.2% more expensive than the national average of $338,100 and 44.9% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Yonkers costs $1,860 per month, which is 5.1% cheaper than the national average of $1,960 and 16.7% cheaper than the state average of $2,170.

Can I afford Yonkers?
To live comfortably in Yonkers (zip 10705), New York, a minimum annual income of $114,840 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Yonkers?
The cost of living in 10705 Yonkers, NY is fairly high, with a median home value of $392,500. This is well above the national median home value of $219,700, and the rental prices for apartments are also expensive. The overall cost of living index for 10705 Yonkers is 130.2, which is 30.2% higher than the U.S. average index of 100. Groceries, utilities and transportation costs are all slightly higher than the national averages here as well. Despite these higher costs, 10705 Yonkers offers a great quality of life with its close proximity to New York City and many great amenities such as parks and museums nearby.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesYonkersNew YorkUnited States
    Unlock121.5100.0
  107.4  Unlock100.0
    Unlock120.7100.0
  201.1  Unlock100.0
    Unlock$413,600$338,100
  151.2  Unlock100.0
    Unlock140.7100.0
  158.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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