Garden City South cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGarden City SouthNew YorkNational
Cost of living index162120100
IndexGarden City SouthNew YorkNational
Goods & Services index148110100
Groceries index128105100
Health care index11599100
Housing index220149100
Transportation index134111100
Utilities index127102100
A general overview of the cost of living index for Garden City South, NY is displayed above. In Garden City South, NY, the overall cost of living index is 162, which is 35% higher than the New York average and 62% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Garden City South, NY, the city's goods and services are 34% higher than the New York average and 48% higher than the U.S. average.

Did you know?

  • The cost of living in Garden City South is 35% higher than the New York average.
  • The cost of living in Garden City South is 62% higher than the national average.
  • The cost of housing in Garden City South is 120% higher than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

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Compare Garden City South, NY Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Garden City South, NY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Garden City South, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Garden City South, NY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$98,808$8,234$2,305$2,965
Renters$34,554$2,880$806$1,037
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Garden City South, NY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Garden City South, NY homeowners have a median income of $98,808. Using that number, you will come up with a maximum of $2,305 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $34,554, which means there is a maximum of $806 to be spent on the costs of renting a home or apartment.

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%
When considering the overall cost of living expenses in Garden City South, NY, it's important to take into account the sales tax for New York, as well as the rate for income tax in New York. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for New York is 8.875%, and the sales tax in the state of New York is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in New York starts from 4% and goes up to 8.82%.

Goods & Services

ItemGarden City SouthNational avg.Difference
Haircut $24.02$15.5654.3%
Beauty Salon $64.92$36.1179.8%
Toothpaste $4.50$2.4782.1%
Shampoo $1.67$0.9673.1%
Movie $14.89$10.1347.1%
Bowling $13.06$4.74175.8%

Groceries

ItemGarden City SouthNational avg.Difference
Ground Beef $6.10$3.9853.2%
Fried Chicken $2.04$1.4144.7%
Milk $2.45$2.0618.7%
Potatoes $3.78$2.9826.8%
Pizza $12.14$9.4728.1%
Beer $13.06$8.7948.6%

Health Care

ItemGarden City SouthNational avg.Difference
Optometrist $106.66$101.045.6%
Doctor $105.00$107.442.3%
Dentist $125.00$90.4238.2%
Ibuprofen $9.99$9.287.7%
Lipitor $435.07$426.502.0%

Housing

ItemGarden City SouthNational avg.Difference
Home Price $434,500.00$175,700.00147.3%
Avg. Mortgage Payment $5,496.82$1,133.23385.1%
Apartment Rent $1,429.00$920.0055.3%

Transportation

ItemGarden City SouthNational avg.Difference
Gasoline $2.31$1.9916.1%
Tire Balancing $79.33$45.7673.4%

Utilities

ItemGarden City SouthNational avg.Difference
All Electricity$232.72$163.8142.1%
Phone $30.77$28.398.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
North Amityville, NY19,60813333%
Wyandanch, NY11,18713333%
Roosevelt, NY16,55414646%
Uniondale, NY24,78714646%
New Cassel, NY13,98813737%
Garden City South, NY3,98516262%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Maize, KS3,98494-6%
Madison, GA3,9831044%
Millsboro, DE3,9871022%
Fulton, MS3,98881-19%
Three Rivers, OR3,9811055%
Garden City South, NY3,98516262%
Source: The Garden City South, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.