Garden City, NY Cost Of Living
Cost Of Living In Garden City, NY Summary
Cost of living in Garden City 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 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 is 216, with 100 being the average.
The cost of living index in Garden City is 2.2x higher than the national average.
Garden City ranks as the #334 cheapest in New York out of 341.
Garden City ranks as the #6,376 cheapest out of 6,489 in the US.
The median home value in Garden City is $1,300,891.
The median income in Garden City is $228,807.
Table Of Contents
Garden City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Garden City, NY?
According to the most recent data on the cost of living, Garden City has an overall cost of living index of 216, which is 2.2x higher than the national index of 100.
Compared to New York, Garden City has a cost of living index that's 1.8x higher than New York's index of 119.
The standard of living in Garden City ranks as #334 most affordable out of the 341 places we measured in New York. By definition, that implies Garden City ranks as the #7 most expensive place in the Empire State.
For more reading on life in Garden City, check out:
In New York
In America
Garden City Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Garden City. Here is how it fairs on each of the criteria:
The Services index in Garden City is 125.
The Groceries index in Garden City is 111.
The Health index in Garden City is 121.
The Housing index in Garden City is 438.
The Transportation index in Garden City is 116.
The Utilities index in Garden City is 103.
| Living Expense | Garden City | New York | National Average | |
|---|---|---|---|---|
| Overall | 216 | 119 | 100 | |
| Services | 125 | 110 | 100 | |
| Groceries | 111 | 103 | 100 | |
| Health | 121 | 101 | 100 | |
| Housing | 438 | 145 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 103 | 99 | 100 | |
Garden City, 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 2019-2023. The key points are:
The Median Home Value in Garden City is $1,300,891.
The Median Rent in Garden City is $3,478.
The Median Income in Garden City is $228,807.
The Home Value To Income in Garden City is 5.7x.
The Rent To Monthly Income in Garden City is 0.18x.
| Statistic | Garden City | New York | United States |
|---|---|---|---|
| Median Home Value | $1,300,891 | $508,764 | $303,400 |
| Median Rent | $3,478 | $1,576 | $1,348 |
| Median Income | $228,807 | $84,578 | $78,538 |
| Home Value To Income | 5.7x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Garden City, NY Costs By Category
Detailed Garden City Services Costs Vs. New York
| Item | Garden City | New York |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
Detailed Garden City Groceries Costs Vs. New York
| Item | Garden City | New York |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Garden City Health Costs Vs. New York
| Item | Garden City | New York |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Garden City Transportation Costs Vs. New York
| Item | Garden City | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Garden City Utilities Costs Vs. New York
| Item | Garden City | New York |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Garden City SnackAbility
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