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Cost of Living in Mineola, NY

Population 21,211 · Census ACS 2020–2024 5-year estimates

Median rent$2,415
Median home value$651,200
Median household income$137,739

The median rent in Mineola, NY is $2,415/month, 49% higher than the New York median and 71% higher than the U.S. median. The median home value is $651,200, 96% higher than the national median. Households earn a median of $137,739 a year, 60% higher than the state median.

Affordability

Rent as a share of median income: 21.0%
Income needed for median rent (30% rule): $96,600/yr
Home price-to-income ratio: 4.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,293/mo

Run your own numbers: mortgage calculator · hourly to salary

Mineola vs. New York vs. U.S.

MineolaNew YorkU.S.
Median rent$2,415$1,621$1,413
Median home value$651,200$423,800$332,700
Median household income$137,739$85,974$80,734
Homeownership rate68.0%54.3%65.2%
Bachelor's degree or higher57.6%40.2%35.7%
Poverty rate5.3%14.0%12.5%
Unemployment rate3.2%6.4%5.2%
Work from home18.6%14.9%15.1%
Median age41.639.838.9

FAQ

What is the average rent in Mineola, NY?

The median gross rent in Mineola, NY is $2,415 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Mineola, NY?

Using the common 30% rule, renting a median-priced home takes about $96,600 a year in gross income.

Is Mineola, NY expensive to live in?

Rent there is 71% higher than the U.S. median, and the median home costs about 4.7 times the median household income.

Other cities in New York

New York, NYRent $1,821 · Income $80,483Buffalo, NYRent $1,046 · Income $50,041Yonkers, NYRent $1,784 · Income $83,549Rochester, NYRent $1,081 · Income $47,213Syracuse, NYRent $1,039 · Income $47,819Albany, NYRent $1,216 · Income $61,986

Cities with a similar cost of living

Eastmont, WARent $2,443 · Income $138,912Alameda, CARent $2,474 · Income $137,697Secaucus, NJRent $2,391 · Income $139,821Merrifield, VARent $2,368 · Income $136,373Windsor, CARent $2,433 · Income $133,979San Clemente, CARent $2,460 · Income $140,062

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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