Garden, NY

Very High · 278

New York · Population 22,866 · Updated March 2026

$3,478
Median Rent / Month
$228,807
Median Income
$1,063,300
Median Home Value
$3,496
Owner Costs / Month

Affordability

How far your income goes in Garden

18.2%
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

$41,736
Annual Rent
$24,940
State Income Tax
$17,225
Property Tax (est.)

Cost of Living Overview

Garden has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 278 (where 100 equals the national median), Garden residents can expect to pay median rent of $3,478/month while earning a median household income of $228,807/year.

The median home value in Garden, NY is $1,063,300, with typical monthly owner costs around $3,496 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.2% 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 Garden.

Frequently Asked Questions

Common questions about living costs in Garden

What is the cost of living in Garden, NY?
The cost of living index in Garden, NY is 278 (US average = 100). Median monthly rent is $3,478, median household income is $228,807/year, and the median home value is $1,063,300.
Is Garden, NY affordable?
No, Garden is more expensive than the national average with a cost index of 278. The rent-to-income ratio is 18.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Garden, NY?
The median gross rent in Garden, NY is $3,478 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $41,736.
What is the median household income in Garden?
The median household income in Garden, NY is $228,807 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%.