Cost of Living in Lake Success, NY

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F
191%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
616%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lake Success New York National
Cost of living291121100
Groceries107106100
Health care107110100
Housing716144100
Transportation109113100
Utilities113112100
Lifestyle & Entertainment106111100
Household Items107106100
Education & Childcare118118100
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Homes For Sale In Lake Success, NY

property for sale

4711 Belmont Rd

Great Neck, NY
property for sale

28 Old Field Ln

Great Neck, NY
property for sale

8 Briarfield Dr

Great Neck, NY
property for sale

77 Merrivale Rd

Great Neck, NY

Cost Of Living Quick Facts

  • The cost of living in Lake Success is 141% higher than the New York average
  • The cost of living in Lake Success is 191% higher than the national average
  • Lake Success housing is 616% higher than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Lake Success

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$354,685$29,557$8,275$10,642
      Renters$291,370$24,281$6,798$8,742

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hempstead, NY56,90813130.5%
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      Mount Vernon, NY69,13013333.3%
      Dumont, NJ18,29313333.4%
      Bergenfield, NJ28,18613333.4%
      Lake Success, NY3,341291191.1%

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      City Population Cost of Living Index National Avg.
      Pottsville, AR3,341919.1%
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      Mount Shasta, CA3,33912524.5%
      St. Maries, ID3,338955.3%
      Melbourne Beach, FL3,34413231.6%
      Lake Success, NY3,341291191.1%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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