Cost of Living in Garden City Park, NY

Population 8,176 · New York · Data vintage 2023

234
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Garden City Park run well above the national baseline, with a median of $797,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $135,208 place the city among the better-paid New York metros.

Located 15 miles east of New York, Garden City Park falls within that metro's commuting orbit. Housing prices track closely with New York's $752,000 median.

Cost Overview

Housing 261
Rent 194

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Garden City Park

The median home value in Garden City Park is $796,600 — 161% above the national median of $305,000. Median rent runs $2,546/month, 94% higher than the national median of $1,314/month. The median household income of $135,208/year is 81% higher than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 61.6°F and lows of 47.0°F, with about 25.9" of annual snowfall. Overall, Garden City Park has a cost of living index of 234 versus the US average of 100, meaning it is 134% more expensive.

🏠 Housing

Median Home Value
$796,600
161% above avg
Median Rent
$2,546/mo
94% above avg
Price-to-Rent Ratio
26.1x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 85.0%
Renter-occupied 15.0%

💰 Estimated Monthly Budget

Rent median rent
$2,546
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,160/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.2 min
38% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
67.3%
Carpooled
5.4%
Public transit
13.4%
Walked
0.6%
Work from home
13.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$135,208
81% above avg
Per Capita Income
$50,976
Unemployment Rate
5.1%
5% above avg
Poverty Rate
2.4%
Labor Force Participation
60.3%

🎓 Education

Bachelor's degree+ 30.8%
Graduate degree 23.4%

👥 Demographics

Median Age 40.1
Male median age 36.4
Female median age 43.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.6°F
Avg Low
47.0°F
Annual Precip
43.3"
Annual Snowfall
25.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249596878848276655445
Low °F 262734435362696861504032
Precip" 3.232.763.943.553.663.853.864.113.583.723.073.96
Snow" 7.58.64.30.60.00.00.00.00.00.00.44.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
75.3%
Good air days/yr
197
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Garden City Park, NY?

Garden City Park has a cost index of 234 (100 = national average). It is 134% above the national average.

What is average rent in Garden City Park, NY?

The median gross rent in Garden City Park is $2,546 per month based on 2023 Census data.

What is the average home price in Garden City Park?

The median home value in Garden City Park is $796,600 according to 2023 Census ACS data.

What is the median income in Garden City Park?

The median household income in Garden City Park is $135,208 per year (2023 ACS 5-year estimates).

What is the sales tax in Garden City Park, NY?

The combined state and local sales tax rate in Garden City Park is 8.5%. The New York state income tax top rate is 10.9%.

Is Garden City Park, NY affordable?

Garden City Park is above average in cost of living, with an index of 234 — about 134% higher than the national average.

What is the weather like in Garden City Park?

Garden City Park has average high temperatures of 61.6°F and average lows of 47.0°F. Annual precipitation is 43.3". Average annual snowfall is 25.9". Data from NOAA 1991–2020 Climate Normals.

Garden City Park at a Glance

Population
8,176
Median Income
$135,208
Home Value
$796,600
Median Rent
$2,546/mo
Unemployment
5.1%
Avg High Temp
61.6°F
Sales Tax
8.5%
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