Cost of Living in Great Neck Plaza, NY
Population 7,503 · New York · Data vintage 2023
(100 = US avg)
Great Neck Plaza sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 7.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Great Neck Plaza sits roughly 13 miles southeast of Yonkers — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% lower than Yonkers' $478,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Great Neck Plaza
The median home value in Great Neck Plaza is $381,900 — 25% above the national median of $305,000. Median rent runs $2,386/month, 82% higher than the national median of $1,314/month. The median household income of $106,549/year is 43% higher than the US median of $74,580. The local unemployment rate is 7.6%, 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 63.5°F and lows of 50.1°F, with about 29.8" of annual snowfall. Overall, Great Neck Plaza has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.
Great Neck Plaza has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 43 | 50 | 61 | 72 | 81 | 86 | 85 | 77 | 66 | 55 | 45 |
| Low °F | 29 | 30 | 36 | 46 | 56 | 66 | 72 | 71 | 64 | 53 | 43 | 35 |
| Precip" | 3.25 | 2.93 | 4.01 | 3.85 | 3.58 | 4.03 | 4.30 | 4.41 | 3.88 | 3.81 | 3.15 | 4.08 |
| Snow" | 8.6 | 9.8 | 5.4 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.3 | 5.2 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Great Neck Plaza, NY?
Great Neck Plaza has a cost index of 148 (100 = national average). It is 48% above the national average.
What is average rent in Great Neck Plaza, NY?
The median gross rent in Great Neck Plaza is $2,386 per month based on 2023 Census data.
What is the average home price in Great Neck Plaza?
The median home value in Great Neck Plaza is $381,900 according to 2023 Census ACS data.
What is the median income in Great Neck Plaza?
The median household income in Great Neck Plaza is $106,549 per year (2023 ACS 5-year estimates).
What is the sales tax in Great Neck Plaza, NY?
The combined state and local sales tax rate in Great Neck Plaza is 8.5%. The New York state income tax top rate is 10.9%.
Is Great Neck Plaza, NY affordable?
Great Neck Plaza is above average in cost of living, with an index of 148 — about 48% higher than the national average.
What is the weather like in Great Neck Plaza?
Great Neck Plaza has average high temperatures of 63.5°F and average lows of 50.1°F. Annual precipitation is 45.3". Average annual snowfall is 29.8". Data from NOAA 1991–2020 Climate Normals.
Great Neck Plaza at a Glance
- Population
- 7,503
- Median Income
- $106,549
- Home Value
- $381,900
- Median Rent
- $2,386/mo
- Unemployment
- 7.6%
- Avg High Temp
- 63.5°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
Similar Cost Cities
Cities in other states with comparable housing costs