Housing costs in Great Neck Plaza?
A typical home costs
$427,100, which is 26.3% more expensive than the national average of
$338,100 and 3.3% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Great Neck Plaza costs
$2,250 per month, which is 57.3% more than the national average of
$1,430 and 12.9% more than the state average of
$1,960.
Can I afford Great Neck Plaza?
To live comfortably in Great Neck Plaza, New York, a minimum annual income of
$81,720 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Great Neck Plaza?
Great Neck Plaza, NY is known for its high cost of living. The median home price in the area is around $776,000, with the average rent costing around $2,600 per month. Groceries and other essentials tend to be more expensive than those found in other parts of New York State, but prices still remain relatively low compared to many other places in the region. The cost of utilities and transportation are also slightly higher than average, making it a pricey place to live. However, given its close proximity to Manhattan and excellent schools and businesses, Great Neck Plaza remains a desirable location with plenty of amenities for residents who can afford it.