Housing costs in Garden City?
A typical home costs
$997,500, which is 195.0% more expensive than the national average of
$338,100 and 141.2% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Garden City costs
$3,360 per month, which is 135.0% more than the national average of
$1,430 and 41.7% more than the state average of
$1,960.
Can I afford Garden City?
To live comfortably in Garden City (zip 11530), New York, a minimum annual income of
$191,160 for a family, and
$112,000 for a single person is recommended.
What does A.I. say about Garden City?
The cost of living in 11530 Garden City, NY is relatively high compared to the national average. Basic goods and services such as food, transportation, and housing are more expensive than in other parts of the country. The median home value is nearly twice the national average at approximately $700,000, while rental rates can be up to three times higher than the US average. Additionally, taxes are comparatively high due to local and state levies, making it difficult for residents on a budget to make ends meet. Despite the increased cost of living, Garden City continues to remain an attractive destination due to its convenient location in the New York metropolitan area.