Housing costs in Southold?
A typical home costs
$893,300, which is 164.2% more expensive than the national average of
$338,100 and 116.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Southold costs
$2,050 per month, which is 43.4% more than the national average of
$1,430 and 4.4% more than the state average of
$1,960.
Can I afford Southold?
To live comfortably in Southold (zip 11971), New York, a minimum annual income of
$171,000 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Southold?
11971 Southold, NY is a great place to live, but it can be quite expensive. The cost of living in Southold is significantly higher than the national average, with housing costs being particularly high. The median home value in 11971 Southold is approximately $640,000, which is drastically higher than the national median home value of $219,700. Additionally, the cost of utilities and groceries is also significantly higher than average when compared to other parts of the U.S. Though this can be tough for recent graduates or other individuals with low incomes to afford, there are still many who happily call 11971 Southold home despite these issues.