Zip 11598 (Woodmere, NY) Cost of Living


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Woodmere cost of living score
160.6
More expensive
60.6% higher
than the US average
32.2% higher
than the New York average
Woodmere (zip 11598), New York gets a BestPlaces Cost of Living score of 160.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 60.6% higher than the U.S. average and 32.2% lower than the average for New York.

Zip 11598 (Woodmere, NY)

Housing costs in Woodmere?
A typical home costs $1,022,200, which is 202.3% more expensive than the national average of $338,100 and 147.1% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Woodmere costs $2,670 per month, which is 86.7% more than the national average of $1,430 and 26.6% more than the state average of $1,960.

Can I afford Woodmere?
To live comfortably in Woodmere (zip 11598), New York, a minimum annual income of $195,840 for a family, and $88,800 for a single person is recommended.

What does A.I. say about Woodmere?
11598 Woodmere, NY is considered to be an expensive area with a high cost of living. The median home price in the area is $518,800, making it one of the most expensive zip codes in the country. Renters can expect to pay an average of $2,908 per month for a two-bedroom apartment in the area. Groceries and other everyday essentials are also on the pricier side, due to Woodmere’s proximity to New York City and its affluent population. While there are some more economical options for shopping and dining out nearby, homeowners and renters should expect to pay higher than average prices for many daily items.
   Cost of living score
     CategoriesWoodmereNew YorkUnited States
  160.6121.5100.0
  112.4103.8100
  125.8120.7100.0
  320.8127.9100.0
  $1,022,200$413,600$338,100
  125.3%115.9%100.0%
  177.9140.7100.0
  157.0121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Woodmere
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Over 17 years ago

Prices have dropped by about 5% versus 2006. Unlike many other areas on long island, the number of unsold homes have not increased in 2007. I see less for sale signs  More

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