Housing costs in Garden City?
A typical home costs
$986,000, which is 191.6% more expensive than the national average of
$338,100 and 138.4% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Garden City costs
$3,510 per month, which is 145.5% more than the national average of
$1,430 and 44.2% more than the state average of
$1,960.
Can I afford Garden City?
To live comfortably in Garden City, New York, a minimum annual income of
$189,000 for a family, and
$116,800 for a single person is recommended.
What does A.I. say about Garden City?
Garden City, NY has a moderate cost of living compared to other parts of the country. The overall cost of living index is about 8% higher than the national average. Housing in Garden City is quite expensive, with median home prices hovering around $650,000. However, transportation costs are relatively low due to the suburban location and access to mass transit options such as the Long Island Rail Road. Utilities and groceries are also affordable in comparison to other parts of New York State. Overall, Garden City has a cost of living that can be manageable if one plans accordingly and takes advantage of discounts or bargains when possible.