East Meadow, NY

Very High · 182

New York · Population 35,806 · Updated March 2026

$2,539
Median Rent / Month
$128,770
Median Income
$613,900
Median Home Value
$2,381
Owner Costs / Month

Affordability

How far your income goes in East Meadow

23.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New York

State-level tax rates that affect your costs

10.9%
Income Tax (Top Rate)
4.0%
Sales Tax
1.62%
Property Tax Rate

Estimated Annual Costs

$30,468
Annual Rent
$14,036
State Income Tax
$9,945
Property Tax (est.)

Cost of Living Overview

East Meadow has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 182 (where 100 equals the national median), East Meadow residents can expect to pay median rent of $2,539/month while earning a median household income of $128,770/year.

The median home value in East Meadow, NY is $613,900, with typical monthly owner costs around $2,381 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New York's top income tax rate of 10.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 1.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in East Meadow.

Frequently Asked Questions

Common questions about living costs in East Meadow

What is the cost of living in East Meadow, NY?
The cost of living index in East Meadow, NY is 182 (US average = 100). Median monthly rent is $2,539, median household income is $128,770/year, and the median home value is $613,900.
Is East Meadow, NY affordable?
No, East Meadow is more expensive than the national average with a cost index of 182. The rent-to-income ratio is 23.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in East Meadow, NY?
The median gross rent in East Meadow, NY is $2,539 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $30,468.
What is the median household income in East Meadow?
The median household income in East Meadow, NY is $128,770 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New York?
New York has a top income tax rate of 10.9%, a sales tax of 4.0%, and an effective property tax rate of 1.62%.