States › New York › Kings Point

Is Kings Point, NY expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$227,886about $18,991/month · 162% higher than U.S. average
🔑 House price$1,981,000495% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 8.7 years of household income, so buying is hard for most locals. Most homes (95.5%) are owned, so rentals can be hard to find. It is a highly educated city: 66.6% 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 330 of 343 cities from cheapest to most expensive.

Kings Point
$3,500+
Pelham Manor
$2,985
Calverton
$2,017
Big Flats
$1,579
East Farmingdale
$1,855
Kaser
$1,480
Washingtonville
$1,491

How much do households earn in Kings Point?

Under $25k
3.1%
$25k–50k
12.1%
$50k–100k
13.8%
$100k–150k
16.6%
$150k+
55.4%

Share of households by yearly income. 72.0% of households earn $100,000 or more.

How expensive is Kings Point 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 Kings Point, so the New York figure is shown.

Taxes and bills in Kings Point

🏛️ Property tax$10,000+a year · 0.50% of home value · U.S. $3,119
⚡ Electric bill$279a month (typical) · U.S. $156

Life in Kings Point

Commute to work29.5 minU.S.: 26.4 min
College degree66.6%U.S.: 35.7%
Own their home95.5%U.S.: 65.2%
Below poverty line0.9%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Kings Point?

Renting is cheaper right now: about $10,244 a month less.

Renting
$3,500+
Owning
$13,745

Owning assumes a typical $1,981,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $198,100 for the down payment.

Frequently asked questions

What is the average rent in Kings Point, NY?

Renting in Kings Point 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 Kings Point?

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

Is Kings Point cheap or expensive?

Kings Point is rated Cheap: rent takes 18.4% of the typical household income of $227,886. It ranks 330th cheapest of 343 New York cities we track.

How much are property taxes in Kings Point?

The median homeowner in Kings Point pays $10,000+ a year in property taxes, about 0.50% of the median home value.

Is Kings Point 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 Kings Point?

The median home value in Kings Point is $1,981,000, about 8.7 times the typical yearly household income.

5,634 people live in Kings Point. Numbers are typical (middle) values.