Wantagh, NY

Very High · 188

New York · Population 17,964 · Updated March 2026

$2,191
Median Rent / Month
$174,773
Median Income
$665,700
Median Home Value
$3,006
Owner Costs / Month

Affordability

How far your income goes in Wantagh

15.0%
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

$26,292
Annual Rent
$19,050
State Income Tax
$10,784
Property Tax (est.)

Cost of Living Overview

Wantagh has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 188 (where 100 equals the national median), Wantagh residents can expect to pay median rent of $2,191/month while earning a median household income of $174,773/year.

The median home value in Wantagh, NY is $665,700, with typical monthly owner costs around $3,006 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.0% 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 Wantagh.

Frequently Asked Questions

Common questions about living costs in Wantagh

What is the cost of living in Wantagh, NY?
The cost of living index in Wantagh, NY is 188 (US average = 100). Median monthly rent is $2,191, median household income is $174,773/year, and the median home value is $665,700.
Is Wantagh, NY affordable?
No, Wantagh is more expensive than the national average with a cost index of 188. The rent-to-income ratio is 15.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wantagh, NY?
The median gross rent in Wantagh, NY is $2,191 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,292.
What is the median household income in Wantagh?
The median household income in Wantagh, NY is $174,773 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%.