Housing costs in Mineola?
A typical home costs
$682,200, which is 101.8% more expensive than the national average of
$338,100 and 64.9% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Mineola 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 Mineola?
To live comfortably in Mineola (zip 11501), New York, a minimum annual income of
$130,680 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Mineola?
The cost of living in 11501 Mineola, NY is relatively high compared to other parts of the country. The median home value in Mineola is $583,834, well above the national average of $217,600. This contributes to an overall higher cost of living – rent averages around $2,200 per month and groceries tend to cost more than the national average. Additionally, Mineola's tax rate is among the highest in Nassau County with a combined sales tax rate of 8.625%. Despite this however, residents enjoy a significantly higher median household income compared to the national average at $85,776.