North New Hyde Park, NY Cost Of Living
Cost Of Living In North New Hyde Park, NY Summary
Cost of living in North New Hyde 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 North New Hyde 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 North New Hyde Park is 178, with 100 being the average.
The cost of living index in North New Hyde Park is 1.8x higher than the national average.
North New Hyde Park ranks as the #309 cheapest in New York out of 341.
North New Hyde Park ranks as the #6,166 cheapest out of 6,489 in the US.
The median home value in North New Hyde Park is $1,006,923.
The median income in North New Hyde Park is $164,340.
Table Of Contents
North New Hyde Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in North New Hyde Park, NY?
According to the most recent data on the cost of living, North New Hyde Park has an overall cost of living index of 178, which is 1.8x higher than the national index of 100.
Compared to New York, North New Hyde Park has a cost of living index that's 1.5x higher than New York's index of 119.
The standard of living in North New Hyde Park ranks as #309 most affordable out of the 341 places we measured in New York. By definition, that implies North New Hyde Park ranks as the #32 most expensive place in the Empire State.
For more reading on life in North New Hyde Park, check out:
In New York
In America
North New Hyde Park Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in North New Hyde Park. Here is how it fairs on each of the criteria:
The Services index in North New Hyde Park is 125.
The Groceries index in North New Hyde Park is 115.
The Health index in North New Hyde Park is 122.
The Housing index in North New Hyde Park is 311.
The Transportation index in North New Hyde Park is 113.
The Utilities index in North New Hyde Park is 103.
| Living Expense | North New Hyde Park | New York | National Average | |
|---|---|---|---|---|
| Overall | 178 | 119 | 100 | |
| Services | 125 | 110 | 100 | |
| Groceries | 115 | 103 | 100 | |
| Health | 122 | 101 | 100 | |
| Housing | 311 | 145 | 100 | |
| Transportation | 113 | 105 | 100 | |
| Utilities | 103 | 99 | 100 | |
North New Hyde 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 2019-2023. The key points are:
The Median Home Value in North New Hyde Park is $1,006,923.
The Median Rent in North New Hyde Park is $2,283.
The Median Income in North New Hyde Park is $164,340.
The Home Value To Income in North New Hyde Park is 6.1x.
The Rent To Monthly Income in North New Hyde Park is 0.17x.
| Statistic | North New Hyde Park | New York | United States |
|---|---|---|---|
| Median Home Value | $1,006,923 | $508,764 | $303,400 |
| Median Rent | $2,283 | $1,576 | $1,348 |
| Median Income | $164,340 | $84,578 | $78,538 |
| Home Value To Income | 6.1x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
North New Hyde Park, NY Costs By Category
Detailed North New Hyde Park Services Costs Vs. New York
| Item | North New Hyde Park | 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 North New Hyde Park Groceries Costs Vs. New York
| Item | North New Hyde Park | 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 North New Hyde Park Health Costs Vs. New York
| Item | North New Hyde Park | New York |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed North New Hyde Park Transportation Costs Vs. New York
| Item | North New Hyde Park | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed North New Hyde Park Utilities Costs Vs. New York
| Item | North New Hyde Park | New York |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
North New Hyde Park SnackAbility
/10
Cost Of Living In Cities Around North New Hyde Park
The cost of living varies in the cities and towns around North New Hyde 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 145, 0.8x North New Hyde Park.
Plainview, NY has a cost of living index of 167, 0.9x North New Hyde Park.
Massapequa, NY has a cost of living index of 166, 0.9x North New Hyde Park.
| City | Population | Cost Of Living | Vs. North New Hyde Park |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.8x |
| Plainview, NY | 26,251 | 167 | 0.9x |
| Massapequa, NY | 21,822 | 166 | 0.9x |
| Merrick, NY | 21,816 | 167 | 0.9x |
| Syosset, NY | 18,274 | 182 | 1.0x |
| Woodmere, NY | 18,198 | 194 | 1.1x |
| Massapequa Park, NY | 16,985 | 161 | 0.9x |
| Floral Park, NY | 16,025 | 170 | 1.0x |
| New Hyde Park, NY | 10,208 | 169 | 0.9x |
| Malverne, NY | 8,496 | 158 | 0.9x |
