What is the cost of living in Lake Grove, NY?
According to the most recent data on the cost of living, Lake Grove has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to New York, Lake Grove has a cost of living index that's 1.2x higher than New York's index of 121.
The standard of living in Lake Grove ranks as #210 most affordable out of the 336 places we measured in New York. By definition, that implies Lake Grove ranks as the #126 most expensive place in the Empire State.
For more reading on life in Lake Grove, check out:
Lake Grove Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Lake Grove. Here is how it fares on each of the criteria:
The Services index in Lake Grove is 105.
The Groceries index in Lake Grove is 105.
The Health index in Lake Grove is 232.
The Housing index in Lake Grove is 110.
The Transportation index in Lake Grove is 111.
The Utilities index in Lake Grove is 113.
| Living Expense | Lake Grove | New York | National Average |
|---|---|---|---|
| Overall | 145 | 121 | 100 |
| Services | 105 | 105 | 100 |
| Groceries | 105 | 108 | 100 |
| Health | 232 | 143 | 100 |
| Housing | 110 | 112 | 100 |
| Transportation | 111 | 114 | 100 |
| Utilities | 113 | 111 | 100 |
Lake Grove Cost Of Living Compared To New York Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New York, check out:
Protect your home budget Compare home warranties in Lake Grove Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Lake Grove, 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 2020-2024. The key points are:
The Median Home Value in Lake Grove is $713,789.
The Median Rent in Lake Grove is $2,184.
The Median Income in Lake Grove is $118,311.
The Home Value To Income in Lake Grove is 6.0x.
The Rent To Monthly Income in Lake Grove is 0.22x.
| Statistic | Lake Grove | New York | United States |
|---|---|---|---|
| Median Home Value | $713,789 | $507,794 | $332,700 |
| Median Rent | $2,184 | $1,621 | $1,413 |
| Median Income | $118,311 | $85,974 | $80,734 |
| Home Value To Income | 6.0x | 5.9x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.23x | 0.21x |
Lake Grove, NY Costs By Category
Detailed Lake Grove Services costs vs. New York
| Item | Lake Grove | New York |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $13.76 | $12.13 |
| Bowling | $19.63 | $18 |
| Haircut | $32.33 | $24.26 |
| Beauty Salon | $48.56 | $45.56 |
Detailed Lake Grove Groceries costs vs. New York
| Item | Lake Grove | New York |
|---|---|---|
| Ground Beef | $6.34 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $10.07 | $12.09 |
| Beer | $10.62 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Lake Grove Health costs vs. New York
| Item | Lake Grove | New York |
|---|---|---|
| Optometrist | $140.1 | $125.68 |
| Doctor | $143.23 | $135.78 |
| Dentist | $123.0 | $113.29 |
Detailed Lake Grove Transportation costs vs. New York
| Item | Lake Grove | New York |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
Detailed Lake Grove Utilities costs vs. New York
| Item | Lake Grove | New York |
|---|---|---|
| All Electricity | $281.67 | $193.99 |
| Phone | $185.16 | $192.25 |
Lake Grove SnackAbility
Cost Of Living In Cities Around Lake Grove
The cost of living varies in the cities and towns around Lake Grove. Here's a quick look at the cost of living in the most populous nearby places:
Commack, NY has a cost of living index of 154, 1.1x Lake Grove.
Centereach, NY has a cost of living index of 139, 1.0x Lake Grove.
West Islip, NY has a cost of living index of 150, 1.0x Lake Grove.
| City | Population | Cost Of Living | Vs. Lake Grove |
|---|---|---|---|
| Commack, NY | 36,558 | 154 | 1.1x |
| Centereach, NY | 31,839 | 139 | 1.0x |
| West Islip, NY | 26,865 | 150 | 1.0x |
| Plainview, NY | 25,982 | 166 | 1.1x |
| Smithtown, NY | 24,375 | 152 | 1.0x |
| Selden, NY | 21,604 | 135 | 0.9x |
| Huntington, NY | 19,948 | 168 | 1.2x |
| Ronkonkoma, NY | 18,709 | 132 | 0.9x |
| Lake Ronkonkoma, NY | 18,221 | 136 | 0.9x |
| South Farmingdale, NY | 14,676 | 148 | 1.0x |
