Housing costs in Great Neck?
A typical home costs
$1,241,000, which is 267.1% more expensive than the national average of
$338,100 and 200.0% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Great Neck costs
$3,070 per month, which is 114.7% more than the national average of
$1,430 and 36.2% more than the state average of
$1,960.
Can I afford Great Neck?
To live comfortably in Great Neck, New York, a minimum annual income of
$237,960 for a family, and
$102,400 for a single person is recommended.
What does A.I. say about Great Neck?
Great Neck, NY is known to be an expensive place to live due to its proximity to New York City. The cost of living in Great Neck is higher than the national average, and rent prices are significantly higher than most other areas of the United States. For example, the median rent for a one-bedroom apartment in Great Neck is $2,200 per month, which is almost double the national average of $1,234 per month. Additionally, the cost of groceries in Great Neck is higher than in many other places as well. Despite its high costs of living, however, many people choose to make a home in Great Neck because of its excellent schools and community atmosphere.