salaryRent is higher than in 83% of U.S. cities. Household incomes are higher than in 90% of U.S. cities. A typical house costs about 4.7 years of household income. Commutes are long, about 37.9 minutes each way. Most homes (86.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $95,880 a year. That is $46 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 205 of 343 cities from cheapest to most expensive.
How much do households earn in New Hyde Park?
Share of households by yearly income. 60.6% of households earn $100,000 or more.
Rent by apartment size in New Hyde Park
| Size | New Hyde Park | U.S. average |
|---|---|---|
| 1 bedroom | $1,530 | $1,324 |
| 2 bedrooms | $2,601 | $1,509 |
| 3 bedrooms | $3,145 | $1,698 |
| 4 bedrooms | $3,488 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is New Hyde Park 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 New Hyde Park, so the New York figure is shown.
Taxes and bills in New Hyde Park
Life in New Hyde Park
Is it cheaper to rent or buy in New Hyde Park?
Renting is cheaper right now: about $2,619 a month less.
Owning assumes a typical $722,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $72,290 for the down payment.
Frequently asked questions
What is the average rent in New Hyde Park, NY?
Renting in New Hyde Park costs a median of about $2,397 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in New Hyde Park?
To keep rent under 30% of income, you need about $95,880 a year, or $46 an hour at a full-time job.
Is New Hyde Park cheap or expensive?
New Hyde Park is rated Cheap: rent takes 18.7% of the typical household income of $154,147. It ranks 205th cheapest of 343 New York cities we track.
How much are property taxes in New Hyde Park?
The median homeowner in New Hyde Park pays $10,000+ a year in property taxes, about 1.38% of the median home value.
Is New Hyde Park 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 New Hyde Park?
The median home value in New Hyde Park is $722,900, about 4.7 times the typical yearly household income.
10,220 people live in New Hyde Park. Numbers are typical (middle) values.