salaryRent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 5.2 years of household income. Commutes are long, about 41.5 minutes each way. Most homes (91.8%) are owned, so rentals can be hard to find. It is a highly educated city: 63.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $120,040 a year. That is $58 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 283 of 343 cities from cheapest to most expensive.
How much do households earn in Woodmere?
Share of households by yearly income. 72.0% of households earn $100,000 or more.
Rent by apartment size in Woodmere
| Size | Woodmere | U.S. average |
|---|---|---|
| 1 bedroom | $2,124 | $1,324 |
| 2 bedrooms | $2,999 | $1,509 |
| 4 bedrooms | $2,896 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Woodmere 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 Woodmere, so the New York figure is shown.
Taxes and bills in Woodmere
Life in Woodmere
Is it cheaper to rent or buy in Woodmere?
Renting is cheaper right now: about $3,767 a month less.
Owning assumes a typical $975,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $97,540 for the down payment.
Frequently asked questions
What is the average rent in Woodmere, NY?
Renting in Woodmere costs a median of about $3,001 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Woodmere?
To keep rent under 30% of income, you need about $120,040 a year, or $58 an hour at a full-time job.
Is Woodmere cheap or expensive?
Woodmere is rated Cheap: rent takes 19.4% of the typical household income of $186,081. It ranks 283rd cheapest of 343 New York cities we track.
How much are property taxes in Woodmere?
The median homeowner in Woodmere pays $10,000+ a year in property taxes, about 1.03% of the median home value.
Is Woodmere 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 Woodmere?
The median home value in Woodmere is $975,400, about 5.2 times the typical yearly household income.
18,061 people live in Woodmere. Numbers are typical (middle) values.