Housing costs in Purchase?
A typical home costs
$1,697,700, which is 402.1% more expensive than the national average of
$338,100 and 310.5% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Purchase costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 16.9% more than the state average of
$1,960.
Can I afford Purchase?
To live comfortably in Purchase (zip 10577), New York, a minimum annual income of
$325,440 for a family, and
$77,600 for a single person is recommended.
What does A.I. say about Purchase?
The cost of living in 10577 Purchase, NY is generally higher than the national average. It has a median home value of $1,047,400 and an average rent payment of $2,274 per month. Additionally, the median household income in this area is around $168,000. This makes it one of the most expensive places to live in New York state and the United States as a whole. Despite its high cost of living, residents are attracted to this area because it offers exceptional schools, safe neighborhoods with low crime rates, and easy access to Manhattan.