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Cost of Living in Queens County, NY

Population 2,323,052 · Census ACS 2020–2024 5-year estimates

Median rent$1,956
Median home value$723,800
Median household income$86,136

The median rent in Queens County, NY is $1,956/month, 21% higher than the New York median and 38% higher than the U.S. median. The median home value is $723,800, 118% higher than the national median. Households earn a median of $86,136 a year, about the same as the state median.

Affordability

Rent as a share of median income: 27.2%
Income needed for median rent (30% rule): $78,240/yr
Home price-to-income ratio: 8.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,660/mo

Run your own numbers: mortgage calculator · hourly to salary

Queens County vs. New York vs. U.S.

Queens CountyNew YorkU.S.
Median rent$1,956$1,621$1,413
Median home value$723,800$423,800$332,700
Median household income$86,136$85,974$80,734
Homeownership rate44.9%54.3%65.2%
Bachelor's degree or higher36.1%40.2%35.7%
Poverty rate12.9%14.0%12.5%
Unemployment rate7.2%6.4%5.2%
Work from home12.9%14.9%15.1%
Median age40.739.838.9

FAQ

What is the average rent in Queens County, NY?

The median gross rent in Queens County, NY is $1,956 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $78,240 a year in gross income.

Is Queens County, NY expensive to live in?

Rent there is 38% higher than the U.S. median, and the median home costs about 8.4 times the median household income.

Other counties in New York

Kings County, NYRent $1,833 · Income $80,263New York County, NYRent $2,197 · Income $103,931Suffolk County, NYRent $2,255 · Income $130,686Bronx County, NYRent $1,458 · Income $48,676Nassau County, NYRent $2,252 · Income $146,202Westchester County, NYRent $1,951 · Income $118,976

Counties with a similar cost of living

Monroe County, FLRent $1,999 · Income $87,738Los Angeles County, CARent $1,954 · Income $90,112Teller County, CORent $1,880 · Income $85,361Palm Beach County, FLRent $1,916 · Income $83,581San Bernardino County, CARent $1,801 · Income $85,478Seminole County, FLRent $1,783 · Income $85,761

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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