Floral Park, NY Cost Of Living
Cost Of Living In Floral Park, NY Summary
Cost of living in Floral Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Floral Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Floral Park is 162, with 100 being the average.
The cost of living index in Floral Park is 1.6x higher than the national average.
Floral Park ranks as the #287 cheapest in New York out of 340.
Floral Park ranks as the #6,023 cheapest out of 6,412 in the US.
The median home value in Floral Park is $621,000.
The median income in Floral Park is $143,788.
Table Of Contents
Floral Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Floral Park, NY?
According to the most recent data on the cost of living, Floral Park has an overall cost of living index of 162, which is 1.6x higher than the national index of 100.
Compared to New York, Floral Park has a cost of living index that's 1.3x higher than New York's index of 126.
The standard of living in Floral Park ranks as #287 most affordable out of the 340 places we measured in New York. By definition, that implies Floral Park ranks as the #53 most expensive place in the Empire State.
For more reading on life in Floral Park, check out:
- Living In Floral Park
- Floral Park Crime Report
- Search Homes For Sale In Floral Park, NY
In New York
In America
Floral Park Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Floral Park. Here is how it fairs on each of the criteria:
The Services index in Floral Park is 133.
The Groceries index in Floral Park is 147.
The Health index in Floral Park is 111.
The Housing index in Floral Park is 235.
The Transportation index in Floral Park is 132.
The Utilities index in Floral Park is 97.
| Living Expense | Floral Park | New York | National Average | |
|---|---|---|---|---|
| Overall | 162 | 126 | 100 | |
| Services | 133 | 110 | 100 | |
| Groceries | 147 | 104 | 100 | |
| Health | 111 | 105 | 100 | |
| Housing | 235 | 175 | 100 | |
| Transportation | 132 | 107 | 100 | |
| Utilities | 97 | 102 | 100 | |
Floral Park, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Floral Park is $621,000.
The Median Rent in Floral Park is $2,067.
The Median Income in Floral Park is $143,788.
The Home Value To Income in Floral Park is 4.3x.
The Rent To Monthly Income in Floral Park is 0.17x.
| Statistic | Floral Park | New York | United States |
|---|---|---|---|
| Median Home Value | $621,000 | $340,600 | $244,900 |
| Median Rent | $2,067 | $1,390 | $1,163 |
| Median Income | $143,788 | $75,157 | $69,021 |
| Home Value To Income | 4.3x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Floral Park, NY Costs By Category
Detailed Floral Park Services Costs Vs. New York
| Item | Floral Park | New York |
|---|---|---|
| Shampoo | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
Detailed Floral Park Groceries Costs Vs. New York
| Item | Floral Park | New York |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Toothpaste | $4.42 | $2.34 |
Detailed Floral Park Health Costs Vs. New York
| Item | Floral Park | New York |
|---|---|---|
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed Floral Park Transportation Costs Vs. New York
| Item | Floral Park | New York |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
Detailed Floral Park Utilities Costs Vs. New York
| Item | Floral Park | New York |
|---|---|---|
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
Floral Park SnackAbility
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Cost Of Living In Cities Around Floral Park
The cost of living varies in the cities and towns around Floral Park. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, NY has a cost of living index of 140, 0.9x Floral Park.
Elmont, NY has a cost of living index of 146, 0.9x Floral Park.
Franklin Square, NY has a cost of living index of 153, 0.9x Floral Park.
| City | Population | Cost Of Living | Vs. Floral Park |
|---|---|---|---|
| Levittown, NY | 52,540 | 140 | 0.9x |
| Elmont, NY | 36,741 | 146 | 0.9x |
| Franklin Square, NY | 32,381 | 153 | 0.9x |
| Plainview, NY | 26,665 | 155 | 1.0x |
| Massapequa, NY | 22,249 | 163 | 1.0x |
| Merrick, NY | 20,990 | 172 | 1.1x |
| Syosset, NY | 19,347 | 177 | 1.1x |
| Woodmere, NY | 17,267 | 176 | 1.1x |
| Massapequa Park, NY | 17,149 | 157 | 1.0x |
| North New Hyde Park, NY | 15,125 | 170 | 1.0x |
