Garden City Park, NY Cost Of Living
Cost Of Living In Garden City Park, NY Summary
Cost of living in Garden City 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 Garden City 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 Garden City Park is 164, with 100 being the average.
The cost of living index in Garden City Park is 1.6x higher than the national average.
Garden City Park ranks as the #295 cheapest in New York out of 340.
Garden City Park ranks as the #6,052 cheapest out of 6,412 in the US.
The median home value in Garden City Park is $665,800.
The median income in Garden City Park is $118,405.
Table Of Contents
Garden City Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Garden City Park, NY?
According to the most recent data on the cost of living, Garden City Park has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.
Compared to New York, Garden City Park has a cost of living index that's 1.3x higher than New York's index of 126.
The standard of living in Garden City Park ranks as #295 most affordable out of the 340 places we measured in New York. By definition, that implies Garden City Park ranks as the #45 most expensive place in the Empire State.
For more reading on life in Garden City Park, check out:
- Living In Garden City Park
- Search Homes For Sale In Garden City Park, NY
In New York
In America
Garden City Park Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Garden City Park. Here is how it fairs on each of the criteria:
The Services index in Garden City Park is 131.
The Groceries index in Garden City Park is 147.
The Health index in Garden City Park is 109.
The Housing index in Garden City Park is 254.
The Transportation index in Garden City Park is 131.
The Utilities index in Garden City Park is 97.
| Living Expense | Garden City Park | New York | National Average | |
|---|---|---|---|---|
| Overall | 164 | 126 | 100 | |
| Services | 131 | 110 | 100 | |
| Groceries | 147 | 104 | 100 | |
| Health | 109 | 105 | 100 | |
| Housing | 254 | 175 | 100 | |
| Transportation | 131 | 107 | 100 | |
| Utilities | 97 | 102 | 100 | |
Garden City 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 Garden City Park is $665,800.
The Median Rent in Garden City Park is $2,276.
The Median Income in Garden City Park is $118,405.
The Home Value To Income in Garden City Park is 5.6x.
The Rent To Monthly Income in Garden City Park is 0.23x.
| Statistic | Garden City Park | New York | United States |
|---|---|---|---|
| Median Home Value | $665,800 | $340,600 | $244,900 |
| Median Rent | $2,276 | $1,390 | $1,163 |
| Median Income | $118,405 | $75,157 | $69,021 |
| Home Value To Income | 5.6x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Garden City Park, NY Costs By Category
Detailed Garden City Park Services Costs Vs. New York
| Item | Garden City 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 Garden City Park Groceries Costs Vs. New York
| Item | Garden City 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 Garden City Park Health Costs Vs. New York
| Item | Garden City Park | New York |
|---|---|---|
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed Garden City Park Transportation Costs Vs. New York
| Item | Garden City Park | New York |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
Detailed Garden City Park Utilities Costs Vs. New York
| Item | Garden City Park | New York |
|---|---|---|
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
Garden City Park SnackAbility
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