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 229, with 100 being the average.
The cost of living index in Manhasset is 2.3x higher than the national average.
Manhasset ranks as the #335 cheapest in New York out of 341.
Manhasset ranks as the #6,405 cheapest out of 6,489 in the US.
The median home value in Manhasset is $2,138,498.
The median income in Manhasset is $180,776.
According to the most recent data on the cost of living, Manhasset has an overall cost of living index of 229, which is 2.3x higher than the national index of 100.
Compared to New York, Manhasset has a cost of living index that's 1.9x higher than New York's index of 119.
The standard of living in Manhasset ranks as #335 most affordable out of the 341 places we measured in New York. By definition, that implies Manhasset ranks as the #6 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 128.
The Groceries index in Manhasset is 114.
The Health index in Manhasset is 123.
The Housing index in Manhasset is 487.
The Transportation index in Manhasset is 114.
The Utilities index in Manhasset is 103.
| Living Expense | Manhasset | New York | National Average | |
|---|---|---|---|---|
| Overall | 229 | 119 | 100 | |
| Services | 128 | 110 | 100 | |
| Groceries | 114 | 103 | 100 | |
| Health | 123 | 101 | 100 | |
| Housing | 487 | 145 | 100 | |
| Transportation | 114 | 105 | 100 | |
| Utilities | 103 | 99 | 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 2019-2023. The key points are:
The Median Home Value in Manhasset is $2,138,498.
The Median Rent in Manhasset is $1,798.
The Median Income in Manhasset is $180,776.
The Home Value To Income in Manhasset is 11.8x.
The Rent To Monthly Income in Manhasset is 0.12x.
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 145, 0.6x Manhasset.
Plainview, NY has a cost of living index of 167, 0.7x Manhasset.
Massapequa, NY has a cost of living index of 166, 0.7x Manhasset.
| City | Population | Cost Of Living | Vs. Manhasset |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.6x |
| Plainview, NY | 26,251 | 167 | 0.7x |
| Massapequa, NY | 21,822 | 166 | 0.7x |
| Merrick, NY | 21,816 | 167 | 0.7x |
| Syosset, NY | 18,274 | 182 | 0.8x |
| Woodmere, NY | 18,198 | 194 | 0.8x |
| Massapequa Park, NY | 16,985 | 161 | 0.7x |
| Malverne, NY | 8,496 | 158 | 0.7x |
| Great Neck Plaza, NY | 7,503 | 145 | 0.6x |
| Bronxville, NY | 6,539 | 231 | 1.0x |