Cost of Living in New Hyde Park, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
218.9
100 = national avg
+118.9 vs national average
Living Wage (1 Adult)
$96,320
per year
Living Wage (Family of 4)
$227,665
per year
Cost Index by Category
Housing272.2
Food162.0
Transportation224.1
Healthcare149.6
Utilities171.7
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 New Hyde Park is 218.9, which is 118.9% above the national average. Housing costs are above the national average at an index of 272.2. A single adult needs to earn approximately $96,320 per year to cover basic expenses.