Cost of Living in Syosset, NY

Population 18,274 · New York · Data vintage 2023

261
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Syosset sits 180% above the national median — $855,000 for the typical home — but median household incomes near $187,936 (152% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Syosset sits roughly 20 miles south of Stamford — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 39% higher than Stamford's $614,000.

Cost Overview

Housing 280
Rent 233

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

About the Cost of Living in Syosset

The median home value in Syosset is $854,500 — 180% above the national median of $305,000. Median rent runs $3,066/month, 133% higher than the national median of $1,314/month. The median household income of $187,936/year is 152% higher than the US median of $74,580. The local unemployment rate is 3.8%, below 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 61.1°F and lows of 45.9°F. Overall, Syosset has a cost of living index of 261 versus the US average of 100, meaning it is 161% more expensive.

🏠 Housing

Median Home Value
$854,500
180% above avg
Zillow Home Value
$1,065,909
Zillow ZHVI
Median Rent
$3,066/mo
133% above avg
Zillow Rent
$4,950/mo
Zillow ZORI
Price-to-Rent Ratio
23.2x
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 91.1%
Renter-occupied 8.9%

💰 Estimated Monthly Budget

Rent median rent
$3,066
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,680/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
44.1 min
63% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.1%

Commute Mode

Drove alone
54.1%
Carpooled
5.7%
Public transit
14.0%
Walked
1.4%
Bicycle
0.1%
Work from home
23.1%

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
$187,936
152% above avg
Per Capita Income
$77,458
Unemployment Rate
3.8%
22% below avg
Poverty Rate
3.6%
Labor Force Participation
64.9%

🎓 Education

Bachelor's degree+ 34.0%
Graduate degree 36.1%

👥 Demographics

Median Age 42.6
Male median age 41.9
Female median age 43

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
45.9°F
Annual Precip
38.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394148586877838275645344
Low °F 252633425161686760483831
Precip" 2.692.033.463.613.183.453.053.253.663.372.933.60

💨 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

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
10.4:1
Student-teacher ratio
10
Public schools
6,626
Total enrollment

Frequently Asked Questions

What is the cost of living in Syosset, NY?

Syosset has a cost index of 261 (100 = national average). It is 161% above the national average.

What is average rent in Syosset, NY?

The median gross rent in Syosset is $3,066 per month based on 2023 Census data.

What is the average home price in Syosset?

The median home value in Syosset is $854,500 according to Zillow and Census data.

What is the median income in Syosset?

The median household income in Syosset is $187,936 per year (2023 ACS 5-year estimates).

What is the sales tax in Syosset, NY?

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

Is Syosset, NY affordable?

Syosset is above average in cost of living, with an index of 261 — about 161% higher than the national average.

What is the weather like in Syosset?

Syosset has average high temperatures of 61.1°F and average lows of 45.9°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Syosset at a Glance

Population
18,274
Median Income
$187,936
Home Value
$854,500
Median Rent
$3,066/mo
Unemployment
3.8%
Avg High Temp
61.1°F
Sales Tax
8.5%
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