WhereCanIAfford › New York, NY › On $125,000

Is New York, NY affordable on a $125,000 salary?

NO On $125,000/yr, the typical $735,003 home in New York, NY needs $220,812/yr ($5,152/mo). Your gap: $-95,812 — housing would be 49.5% of your gross income.

The math

735,003 price − 10% down (73,500) = 661,503 loan
30-yr fixed at 6.69% on 661,503 = 4,264/mo principal+interest
+ 888/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
5,152/mo PITI ÷ 0.28 = 18,401/mo → 220,812/yr required

against Zillow ZHVI 2026-06 and the 6.69% FRED 30-yr rate (2026-08-06).

What salary WOULD clear New York, NY?

You need about $220,812/yr for the typical home. That's $95,812 more than $125,000.

On $100,000? On $150,000? On $175,000?

See the full New York, NY affordability breakdown → or every metro you can afford on $125,000 →