WhereCanIAfford › New York, NY › On $150,000

Is New York, NY affordable on a $150,000 salary?

NO On $150,000/yr, the typical $735,075 home in New York, NY needs $232,060/yr ($5,415/mo). Your gap: $-82,060 — housing would be 43.3% of your gross income.

The math

735,075 price − 10% down (73,508) = 661,567 loan
30-yr fixed at 7.28% on 661,567 = 4,527/mo principal+interest
+ 888/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
5,415/mo PITI ÷ 0.28 = 19,338/mo → 232,060/yr required

against Zillow ZHVI 2026-08 and the 7.28% FRED 30-yr rate (2026-10-01).

What salary WOULD clear New York, NY?

You need about $232,060/yr for the typical home. That's $82,060 more than $150,000.

On $125,000? On $175,000? On $200,000?

See the full New York, NY affordability breakdown → or every metro you can afford on $150,000 →