Cost of living in Manhasset 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 Manhasset 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 Manhasset is 213, with 100 being the average.
The cost of living index in Manhasset is 2.1x higher than the national average.
Manhasset ranks as the #335 cheapest in New York out of 340.
Manhasset ranks as the #6,340 cheapest out of 6,412 in the US.
The median home value in Manhasset is $1,149,300.
The median income in Manhasset is $162,500.
According to the most recent data on the cost of living, Manhasset has an overall cost of living index of 213, which is 2.1x higher than the national index of 100.
Compared to New York, Manhasset has a cost of living index that's 1.7x higher than New York's index of 126.
The standard of living in Manhasset ranks as #335 most affordable out of the 340 places we measured in New York. By definition, that implies Manhasset ranks as the #5 most expensive place in the Empire State.
For more reading on life in Manhasset, check out:
Six factors go into calculating the cost of living index in Manhasset. Here is how it fairs on each of the criteria:
The Services index in Manhasset is 132.
The Groceries index in Manhasset is 150.
The Health index in Manhasset is 111.
The Housing index in Manhasset is 405.
The Transportation index in Manhasset is 131.
The Utilities index in Manhasset is 100.
Living Expense | Manhasset | New York | National Average | |
---|---|---|---|---|
Overall | 213 | 126 | 100 | |
Services | 132 | 110 | 100 | |
Groceries | 150 | 104 | 100 | |
Health | 111 | 105 | 100 | |
Housing | 405 | 175 | 100 | |
Transportation | 131 | 107 | 100 | |
Utilities | 100 | 102 | 100 |
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 Manhasset is $1,149,300.
The Median Rent in Manhasset is $2,008.
The Median Income in Manhasset is $162,500.
The Home Value To Income in Manhasset is 7.1x.
The Rent To Monthly Income in Manhasset is 0.15x.
Statistic | Manhasset | New York | United States |
---|---|---|---|
Median Home Value | $1,149,300 | $340,600 | $244,900 |
Median Rent | $2,008 | $1,390 | $1,163 |
Median Income | $162,500 | $75,157 | $69,021 |
Home Value To Income | 7.1x | 4.5x | 3.5x |
Rent To Monthly Income | 0.15x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Manhasset. 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, 0.7x Manhasset.
Plainview, NY has a cost of living index of 155, 0.7x Manhasset.
Massapequa, NY has a cost of living index of 163, 0.8x Manhasset.
City | Population | Cost Of Living | Vs. Manhasset |
---|---|---|---|
Levittown, NY | 52,540 | 140 | 0.7x |
Plainview, NY | 26,665 | 155 | 0.7x |
Massapequa, NY | 22,249 | 163 | 0.8x |
Merrick, NY | 20,990 | 172 | 0.8x |
Syosset, NY | 19,347 | 177 | 0.8x |
Woodmere, NY | 17,267 | 176 | 0.8x |
Massapequa Park, NY | 17,149 | 157 | 0.7x |
Malverne, NY | 8,583 | 149 | 0.7x |
Great Neck Plaza, NY | 7,429 | 145 | 0.7x |
Bronxville, NY | 6,569 | 221 | 1.0x |