States › New York › Great Neck Plaza

Is Great Neck Plaza, NY expensive to live in?

ExpensiveRent takes 42 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$99,733about $8,311/month · 15% higher than U.S. average
🔑 House price$416,10025% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 4.2 years of household income. Commutes are long, about 36.2 minutes each way. It is a highly educated city: 66.3% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 an hour at a full-time job.

Is rent cheaper than other New York cities?

No. Rent here is more expensive than in most of New York. It is number 324 of 343 cities from cheapest to most expensive.

Great Neck Plaza
$3,500+
Ilion
$1,205
Hewlett
$2,281
Herkimer
$906
Williston Park
$2,395
Briarcliff Manor
$2,685
Port Jefferson Station
$2,654

How much do households earn in Great Neck Plaza?

Under $25k
7.7%
$25k–50k
17.0%
$50k–100k
30.3%
$100k–150k
19.8%
$150k+
20.2%

Share of households by yearly income. 40.1% of households earn $100,000 or more.

Rent by apartment size in Great Neck Plaza

SizeGreat Neck PlazaU.S. average
Studio$3,361$1,338
1 bedroom$2,237$1,324
2 bedrooms$3,227$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Great Neck Plaza overall?

Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).

Housing
122
Goods (food, clothes…)
107
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Great Neck Plaza, so the New York figure is shown.

Taxes and bills in Great Neck Plaza

🏛️ Property tax$5,361a year · 1.29% of home value · U.S. $3,119
⚡ Electric bill$94a month (typical) · U.S. $156

Life in Great Neck Plaza

Commute to work36.2 minU.S.: 26.4 min
College degree66.3%U.S.: 35.7%
Own their home56.5%U.S.: 65.2%
Below poverty line8.6%U.S.: 12.5%
Unemployment6.2%U.S.: 5.2%

Is it cheaper to rent or buy in Great Neck Plaza?

Buying is cheaper month to month: about $614 a month less than renting.

Renting
$3,500+
Owning
$2,887

Owning assumes a typical $416,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,610 for the down payment.

Frequently asked questions

What is the average rent in Great Neck Plaza, NY?

Renting in Great Neck Plaza costs a median of about $3,500+ a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Great Neck Plaza?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Great Neck Plaza cheap or expensive?

Great Neck Plaza is rated Expensive: rent takes 42.1% of the typical household income of $99,733. It ranks 324th cheapest of 343 New York cities we track.

How much are property taxes in Great Neck Plaza?

The median homeowner in Great Neck Plaza pays $5,361 a year in property taxes, about 1.29% of the median home value.

Is Great Neck Plaza more expensive than the national average?

Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Great Neck Plaza?

The median home value in Great Neck Plaza is $416,100, about 4.2 times the typical yearly household income.

7,593 people live in Great Neck Plaza. Numbers are typical (middle) values.