States › New York › Manhasset

Is Manhasset, NY expensive to live in?

CheapRent takes 12 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7902% higher than U.S. average
💵 Families earn per year (2026)$178,958about $14,913/month · 106% higher than U.S. average
🔑 House price$1,356,500308% higher than U.S. average

Rent is higher than in 57% of U.S. cities. Household incomes are higher than in 95% of U.S. cities. A typical house costs about 7.6 years of household income, so buying is hard for most locals. Commutes are long, about 33.9 minutes each way. It is a highly educated city: 71.1% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $71,600 a year. That is $34 an hour at a full-time job.

Is rent cheaper than other New York cities?

Yes. Rent here is cheaper than in most of New York. It is number 123 of 343 cities from cheapest to most expensive.

Manhasset
$1,790
$2,190
$1,269
$1,205

How much do households earn in Manhasset?

Under $25k
6.0%
$25k–50k
8.3%
$50k–100k
27.1%
$100k–150k
10.6%
$150k+
46.1%

Share of households by yearly income. 56.8% of households earn $100,000 or more.

Rent by apartment size in Manhasset

SizeManhassetU.S. average
Studio$1,012$1,338
1 bedroom$1,308$1,324
2 bedrooms$2,087$1,509
3 bedrooms$2,574$1,698

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

How expensive is Manhasset 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 Manhasset, so the New York figure is shown.

Taxes and bills in Manhasset

🏛️ Property tax$10,000+a year · 0.74% of home value · U.S. $3,119
⚡ Electric bill$200a month (typical) · U.S. $156

Life in Manhasset

Commute to work33.9 minU.S.: 26.4 min
College degree71.1%U.S.: 35.7%
Own their home73.7%U.S.: 65.2%
Below poverty line4.9%U.S.: 12.5%
Unemployment1.4%U.S.: 5.2%

Is it cheaper to rent or buy in Manhasset?

Renting is cheaper right now: about $7,622 a month less.

Renting
$1,790
Owning
$9,412

Owning assumes a typical $1,356,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $135,650 for the down payment.

Frequently asked questions

What is the average rent in Manhasset, NY?

Renting in Manhasset costs a median of about $1,790 a month in 2026, including utilities. The New York median is $2,177.

How much do I need to make to live in Manhasset?

To keep rent under 30% of income, you need about $71,600 a year, or $34 an hour at a full-time job.

Is Manhasset cheap or expensive?

Manhasset is rated Cheap: rent takes 12.0% of the typical household income of $178,958. It ranks 123rd cheapest of 343 New York cities we track.

How much are property taxes in Manhasset?

The median homeowner in Manhasset pays $10,000+ a year in property taxes, about 0.74% of the median home value.

Is Manhasset 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 Manhasset?

The median home value in Manhasset is $1,356,500, about 7.6 times the typical yearly household income.

7,716 people live in Manhasset. Numbers are typical (middle) values.