The 10 Most Expensive Places To Live In New York For 2021


We used science and data to determine which cities in New York that will put a big dent in your wallet.

HomeSnacks is reader-supported. When you click through real estate links on our site, we earn an affiliate commission. Learn more.
Editor’s Note: We updated this article for 2021. This is our seventh time ranking the most expensive places to live in New York.

We all know that the Empire State is one of most expensive states in the country, so trust us when we say that the cities on this list are mind-bogglingly pricey. But where are these extra-expensive cities in New York?

It should come as no shock that one of the most expensive cities in America, New York City, is featured on this list. Equally unsurprising is the inclusion of Long Island's bastions of "old money" on the North Shore, like Manorhaven and Glen Cove. In fact, most places on this list are within spitting distance of NYC. Hey, there's a high price tag on living near one of the most iconic cultural and commercial centers on the planet.

Before moving to any of these places, you'd be well advised to have a good job lined up, because to keep up with the Joneses in New York, you'll want to earn a minimum income of $21,541/year. When you're living next door to Michael Bloomberg, Rupert Murdoch, and 100 some-odd other billionaires, you'd better believe you need to make good money to stay in the neighborhood.

Get ready to drop the platinum card on Fifth Ave, make a killing on Wall Street, and put your name down for an apartment on Billionaires' Row, because we're heading to the most expensive places in New York.

Here are the 10 most expensive places to live in New York for 2021:

  1. Kaser
  2. Sleepy Hollow
  3. Kiryas Joel
  4. New Square
  5. New York
  6. Great Neck
  7. Manorhaven
  8. Nyack
  9. Glen Cove
  10. Harrison

What's the most expensive place to live in New York? Well, HomeSnacks crunched the numbers and discovered that Kaser is the most expensive place to live in New York.

So hopefully Ilion (the cheapest place to live in New York) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about New York and the most expensive cities in the country:

The 10 Most Expensive Places To Live In New York For 2021

1. Kaser

Overall SnackAbility

4
/10

Population: 5,262
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 50.2x (most expensive)
Income To Rent Ratio: 22.3x (2nd most expensive)
More on Kaser: Real Estate | Data

The median income in Kaser comes in at $21,541 and the median home value is $1,080,900 for 2021.

2. Sleepy HollowSleepy Hollow, NY

Source: Public domain
Overall SnackAbility

6
/10

Population: 10,122
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 10.2x (5th most expensive)
Income To Rent Ratio: 43.9x (20th most expensive)
More on Sleepy Hollow: Real Estate | Data | Photos

The median income in Sleepy Hollow comes in at $68,125 and the median home value is $693,500 for 2021.

3. Kiryas JoelKiryas Joel, NY

Overall SnackAbility

5
/10

Population: 24,571
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 16.5x (3rd most expensive)
Income To Rent Ratio: 25.4x (3rd most expensive)
More on Kiryas Joel: Real Estate | Data | Photos

The median income in Kiryas Joel comes in at $31,277 and the median home value is $517,400 for 2021.

4. New SquareNew Square, NY

Source: Public domain
Overall SnackAbility

4
/10

Population: 8,373
Rank Last Year: 7 (Up 2)
Home Price To Income Ratio: 20.8x (2nd most expensive)
Income To Rent Ratio: 17.6x (most expensive)
More on New Square: Real Estate | Data | Photos

The median income in New Square comes in at $23,730 and the median home value is $493,300 for 2021.

5. New YorkNew York, NY

Overall SnackAbility

8
/10

Population: 8,419,316
Rank Last Year: 5 (Down 1)
Home Price To Income Ratio: 9.5x (6th most expensive)
Income To Rent Ratio: 44.4x (22nd most expensive)
More on New York: Real Estate | Data | Photos

The median income in New York comes in at $63,998 and the median home value is $606,000 for 2021.

6. Great NeckGreat Neck, NY

Overall SnackAbility

7
/10

Population: 10,205
Rank Last Year: 8 (Up 1)
Home Price To Income Ratio: 8.4x (7th most expensive)
Income To Rent Ratio: 49.2x (4most expensive)
More on Great Neck: Real Estate | Data | Photos

The median income in Great Neck comes in at $100,766 and the median home value is $843,700 for 2021.

7. ManorhavenManorhaven, NY

Source: Public domain
Overall SnackAbility

6
/10

Population: 6,628
Rank Last Year: 3 (Down 5)
Home Price To Income Ratio: 6.2x (20th most expensive)
Income To Rent Ratio: 37.2x (10th most expensive)
More on Manorhaven: Real Estate | Data | Photos

The median income in Manorhaven comes in at $86,484 and the median home value is $535,500 for 2021.

8. NyackNyack, NY

Overall SnackAbility

7.5
/10

Population: 7,173
Rank Last Year: 11 (Up 3)
Home Price To Income Ratio: 7.2x (10th most expensive)
Income To Rent Ratio: 37.1x (9th most expensive)
More on Nyack: Real Estate | Data | Photos

The median income in Nyack comes in at $66,413 and the median home value is $475,500 for 2021.

9. Glen CoveGlen Cove, NY

Overall SnackAbility

9
/10

Population: 27,232
Rank Last Year: 9 (Down 1)
Home Price To Income Ratio: 6.3x (17th most expensive)
Income To Rent Ratio: 44.8x (23rd most expensive)
More on Glen Cove: Real Estate | Data | Photos

The median income in Glen Cove comes in at $80,702 and the median home value is $508,300 for 2021.

10. HarrisonHarrison, NY

Source: Public domain
Overall SnackAbility

7
/10

Population: 28,135
Rank Last Year: 18 (Up 7)
Home Price To Income Ratio: 6.9x (13th most expensive)
Income To Rent Ratio: 55.4x (7most expensive)
More on Harrison: Real Estate | Data | Photos

The median income in Harrison comes in at $123,030 and the median home value is $850,500 for 2021.

How We Determined The Most Expensive Places To Live In The Empire State For 2021

Map Of The Cheapest Places To Live In New York
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2015-2019 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in New York to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 166 places in New York that have more than 5,000 people.

The place with the highest cost of living in New York according to the data is Kaser. You can download the data here.

Taking A Chunk Out Of Your Paycheck In New York For 2021

Well there you have it, the places in New York that have the highest cost of living, with Kaser ranking as the most expensive city in the Empire State.

Here's a look at the most affordable cities in New York according to the data:

  1. Ilion
  2. Ogdensburg
  3. Hornell

For more New York reading, check out:

Detailed List Of The Most Expensive Cities In New York

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Kaser 3.0 5,262 50.2x 22.3x
2 Sleepy Hollow 14.33 10,122 10.2x 43.9x
3 Kiryas Joel 15.0 24,571 16.5x 25.4x
4 New Square 16.67 8,373 20.8x 17.6x
5 New York 18.67 8,419,316 9.5x 44.4x
6 Great Neck 20.33 10,205 8.4x 49.2x
7 Manorhaven 22.33 6,628 6.2x 37.2x
8 Nyack 22.33 7,173 7.2x 37.1x
9 Glen Cove 28.33 27,232 6.3x 44.8x
10 Harrison 32.0 28,135 6.9x 55.4x
11 Spring Valley 32.67 32,295 6.5x 33.8x
12 Ithaca 33.0 30,569 6.9x 28.6x
13 New Rochelle 33.33 79,067 7.1x 53.0x
14 Mamaroneck 34.67 19,217 6.1x 52.8x
15 Yonkers 35.0 199,968 6.3x 46.2x
16 New Paltz 36.33 7,165 5.9x 33.2x
17 Mount Vernon 36.33 67,896 6.0x 44.0x
18 Port Chester 36.67 29,342 6.0x 46.9x
19 White Plains 37.67 58,137 6.3x 53.2x
20 Garden City 38.67 22,499 4.9x 52.3x
21 Ossining 42.0 25,086 5.1x 42.8x
22 Geneseo 43.67 8,095 5.9x 31.4x
23 Peekskill 43.67 24,075 5.1x 40.7x
24 Long Beach 43.83 33,507 5.2x 51.8x
25 Hempstead 44.0 55,300 5.1x 43.2x
26 Sea Cliff 46.67 5,038 5.4x 58.6x
27 Bronxville 48.67 6,409 6.3x 65.4x
28 Lawrence 49.67 6,544 7.5x 69.1x
29 Airmont 49.83 8,770 5.7x 57.2x
30 Cedarhurst 52.0 6,642 5.5x 58.8x
31 Wappingers Falls 52.0 5,648 4.6x 38.7x
32 Chestnut Ridge 52.33 8,057 5.2x 56.7x
33 Hudson 53.67 6,235 5.6x 49.3x
34 Tuckahoe 54.33 6,584 5.8x 59.2x
35 New Hempstead 55.33 5,385 4.4x 53.1x
36 Poughkeepsie 55.33 30,381 4.5x 39.3x
37 Mineola 55.33 19,186 5.1x 57.4x
38 Patchogue 55.67 12,384 4.5x 46.7x
39 Mount Kisco 57.0 10,866 5.0x 54.3x
40 Rye 57.0 15,820 7.2x 87.8x
41 Great Neck Plaza 58.0 6,957 3.9x 47.1x
42 West Haverstraw 58.67 10,250 4.1x 44.8x
43 Williston Park 60.0 7,277 5.0x 59.6x
44 Westbury 60.67 15,342 4.5x 55.1x
45 Haverstraw 61.0 12,065 4.0x 45.9x
46 Bayville 61.67 6,735 5.1x 63.6x
47 North Hills 62.0 5,796 6.8x 99.1x
48 Rockville Centre 62.0 24,492 5.7x 70.1x
49 East Rockaway 63.0 9,816 4.8x 58.0x
50 Scarsdale 63.67 17,837 5.8x 91.1x
51 Newburgh 64.0 28,255 3.8x 37.5x
52 Northport 64.33 7,328 5.5x 70.7x
53 Pelham Manor 65.0 5,569 5.1x 72.3x
54 Wesley Hills 65.67 5,885 5.3x 72.4x
55 Port Jefferson 66.67 7,939 4.6x 60.6x
56 Mastic Beach 66.67 12,610 3.1x 39.4x
57 Pelham 67.33 6,941 5.2x 73.5x
58 Tarr 68.67 11,436 4.9x 67.3x
59 Larchmont 68.67 6,096 5.3x 114.2x
60 Floral Park 68.67 16,003 5.0x 68.0x
61 Albany 68.67 97,478 3.9x 47.3x
62 Freeport 69.67 43,078 4.1x 55.2x
63 Rye Brook 70.0 9,487 5.1x 80.1x
64 Suffern 70.0 10,943 3.8x 52.6x
65 Amityville 71.0 9,443 4.3x 58.1x
66 Lynbrook 71.67 19,524 4.4x 59.2x
67 Middletown 71.67 27,963 3.3x 44.9x
68 Beacon 72.33 13,634 3.9x 53.8x
69 Irvington 72.67 6,529 5.1x 87.4x
70 Hastings-On-Hudson 74.33 7,921 4.8x 73.5x
71 Kingston 74.67 23,070 3.5x 48.9x
72 Dobbs Ferry 74.67 11,070 4.7x 74.8x
73 Lindenhurst 76.0 26,979 3.8x 58.0x
74 Monticello 77.33 6,433 3.4x 34.3x
75 Potsdam 78.0 9,154 3.5x 42.6x
76 Farmingdale 78.0 8,902 4.2x 60.8x
77 Pleasantville 78.67 7,221 4.9x 88.0x
78 Webster 79.67 5,606 3.3x 49.0x
79 Port Jervis 81.0 8,595 3.1x 46.6x
80 Troy 81.0 49,458 3.3x 48.4x
81 Saratoga Springs 81.67 27,943 4.4x 64.0x
82 Babylon 82.33 12,056 3.6x 63.7x
83 Lake Grove 82.33 11,100 3.6x 60.8x
84 Watervliet 83.0 10,050 3.3x 49.6x
85 Valley Stream 83.0 37,577 3.9x 63.8x
86 Mechanicville 83.67 5,107 3.7x 55.5x
87 New Hyde Park 83.67 9,841 4.3x 82.3x
88 Briarcliff Manor 84.33 7,616 4.1x 107.0x
89 Oneonta 84.67 13,893 3.3x 52.3x
90 Croton-On-Hudson 85.67 8,155 4.2x 81.1x
91 Watertown 86.33 25,622 3.3x 49.9x
92 Warwick 86.67 6,785 4.6x 69.1x
93 Massapequa Park 87.33 17,193 3.6x 67.1x
94 Goshen 89.0 5,344 3.7x 63.6x
95 Brockport 92.5 8,292 2.8x 49.8x
96 Malverne 93.33 8,517 3.7x 72.8x
97 Canandaigua 95.0 10,287 3.3x 58.6x
98 Binghamton 95.67 45,140 2.6x 46.2x
99 Glens Falls 95.67 14,340 3.1x 57.8x
100 Ballston Spa 96.67 5,399 3.6x 64.2x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.