Cost of Living in Great Neck, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
241.0
100 = national avg
+141.0 vs national average
Living Wage (1 Adult)
$106,022
per year
Living Wage (Family of 4)
$250,597
per year
Cost Index by Category
Housing349.2
Food154.8
Transportation209.6
Healthcare143.8
Utilities182.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Great Neck is 241.0, which is 141.0% above the national average. Housing costs are above the national average at an index of 349.2. A single adult needs to earn approximately $106,022 per year to cover basic expenses.