Floral Park, NY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
162
Floral Park's Overall Cost Of Living
1.6x
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:

287 out of 340
In New York
6,023 out of 6,412
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
For more reading on cost of living around New York, check out:
Floral Park Cost of Living Vs. NY

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
Search Homes For Sale In Floral Park, NY
$621,000
Median Home Value
$2,067
Median Rent
$143,788
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

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
7
Diversity
8
Safety
9
Amenities
9.5
Education
9
Commute
3

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

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