salaryRent here is among the highest 10% in the country. A typical house costs about 4.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $115,200 a year. That is $55 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 268 of 343 cities from cheapest to most expensive.
How much do households earn in Lake Ronkonkoma?
Share of households by yearly income. 40.3% of households earn $100,000 or more.
Rent by apartment size in Lake Ronkonkoma
| Size | Lake Ronkonkoma | U.S. average |
|---|---|---|
| Studio | $978 | $1,338 |
| 1 bedroom | $1,918 | $1,324 |
| 2 bedrooms | $2,597 | $1,509 |
| 3 bedrooms | $2,798 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake Ronkonkoma overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake Ronkonkoma, so the New York figure is shown.
Taxes and bills in Lake Ronkonkoma
Life in Lake Ronkonkoma
Is it cheaper to rent or buy in Lake Ronkonkoma?
Renting is cheaper right now: about $763 a month less.
Owning assumes a typical $525,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $52,500 for the down payment.
Frequently asked questions
What is the average rent in Lake Ronkonkoma, NY?
Renting in Lake Ronkonkoma costs a median of about $2,880 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Lake Ronkonkoma?
To keep rent under 30% of income, you need about $115,200 a year, or $55 an hour at a full-time job.
Is Lake Ronkonkoma cheap or expensive?
Lake Ronkonkoma is rated Expensive: rent takes 31.5% of the typical household income of $109,611. It ranks 268th cheapest of 343 New York cities we track.
How much are property taxes in Lake Ronkonkoma?
The median homeowner in Lake Ronkonkoma pays $9,509 a year in property taxes, about 1.81% of the median home value.
Is Lake Ronkonkoma 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 Lake Ronkonkoma?
The median home value in Lake Ronkonkoma is $525,000, about 4.8 times the typical yearly household income.
18,221 people live in Lake Ronkonkoma. Numbers are typical (middle) values.