Zip 11755 (Lake Grove, NY) Cost of Living


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How much do I need to live in Lake Grove, New York?
$8,880 / month
for a family, 64.4% more expensive than the national average A total of $106,560 for the year for a family.
$6,800 / month
for a single person, 42.6% more expensive than the national average A total of $81,600 for the year for a single person.

Lake Grove cost of living score
147.1
More expensive
47.1% higher
than the US average
21.1% higher
than the New York average
Lake Grove (zip 11755), New York gets a BestPlaces Cost of Living score of 147.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 47.1% higher than the U.S. average and 21.1% lower than the average for New York.

Zip 11755 (Lake Grove, NY)

Housing costs in Lake Grove?
A typical home costs $556,200, which is 64.5% more expensive than the national average of $338,100 and 34.5% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lake Grove costs $2,440 per month, which is 70.6% more than the national average of $1,430 and 19.7% more than the state average of $1,960.

Can I afford Lake Grove?
To live comfortably in Lake Grove (zip 11755), New York, a minimum annual income of $106,560 for a family, and $81,600 for a single person is recommended.

What does A.I. say about Lake Grove?
The cost of living in 11755 Lake Grove, NY is higher than the national average. The median home price in the area is well over $600,000 and rent for a one-bedroom apartment can range from around $2,500 to $3,000. Groceries are also on the expensive side. Gas prices tend to fluctuate but are usually above the national average. Utilities are fairly reasonable however. Overall, living in 11755 Lake Grove may be pricey for many people but it is worth it due to its proximity to New York City and all the amenities it has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLake GroveNew YorkUnited States
    Unlock121.5100.0
  106.2  Unlock100.0
    Unlock120.7100.0
  181.4  Unlock100.0
    Unlock$413,600$338,100
  124.3  Unlock100.0
    Unlock140.7100.0
  154.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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