Zip 11042 (Lake Success, NY) Cost of Living


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Lake Success cost of living score
160.6
More expensive
60.6% higher
than the US average
32.2% higher
than the New York average
Lake Success (zip 11042), New York gets a BestPlaces Cost of Living score of 160.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 60.6% higher than the U.S. average and 32.2% lower than the average for New York.

Zip 11042 (Lake Success, NY)

Housing costs in Lake Success?
A typical home costs $757,900, which is 124.2% more expensive than the national average of $338,100 and 83.2% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lake Success costs $2,400 per month, which is 22.4% more than the national average of $1,960 and 9.6% more than the state average of $2,170.

Can I afford Lake Success?
To live comfortably in Lake Success (zip 11042), New York, a minimum annual income of $145,080 for a family, and $80,000 for a single person is recommended.

What does A.I. say about Lake Success?
The cost of living in 11042 Lake Success, NY is high compared to the national average. According to BestPlaces.net, the cost of living index for the area is 143.6, which is 43.6% higher than the US average. This means that everyday expenses such as groceries, health care, transportation, and housing are more expensive in this area compared to other parts of the country. However, this also means that salaries and wages tend to be higher than average as well making it a great place to live and work.
   Cost of living score
     CategoriesLake SuccessNew YorkUnited States
  160.6121.5100.0
  108.1103.8100
  125.8120.7100.0
  214.0127.9100.0
  $757,900$413,600$338,100
  124.9%115.9%100.0%
  166.9140.7100.0
  157.0121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime