Housing costs in Riverhead?
A typical home costs
$515,600, which is 52.5% more expensive than the national average of
$338,100 and 24.7% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Riverhead costs
$1,970 per month, which is 37.8% more than the national average of
$1,430 and close to the state average of
$1,960.
Can I afford Riverhead?
To live comfortably in Riverhead (zip 11901), New York, a minimum annual income of
$98,640 for a family, and
$65,600 for a single person is recommended.
What does A.I. say about Riverhead?
The cost of living in 11901 Riverhead, NY is relatively inexpensive compared to other parts of the country. The median home price is $315,000, which is lower than the US average of $228,700. Additionally, monthly rent for a one bedroom apartment averages around $1,300. The overall cost of living index in 11901 Riverhead is 106.4 (US average 100), indicating that it is slightly more expensive than the average city but still considered reasonable when compared to other parts of the country. Groceries and utility costs are also just slightly above national averages making it a very affordable place to live.