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Great Neck, NY vs Manhasset Hills, NY

184
Great Neck
New York
VS
-17.7%
224
Manhasset Hills
New York

There is a significant gap in the cost of living between these two cities. Great Neck is 17.7% cheaper than Manhasset Hills. With a cost index of 184 vs 224, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Great Neck to Manhasset Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Great Neck is $2,195/month compared to $3,213/month in Manhasset Hills — a 32% difference. Home values follow the same pattern: Great Neck is more affordable at $953,400 median vs $1,059,800.

Median household income in Great Neck is $137,095 compared to $192,198 in Manhasset Hills (-28.7%). While Manhasset Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Great Neck spend roughly 19.2% of their income on rent, less than the 20.1% in Manhasset Hills.

Climate-wise, both cities share similar average temperatures (56.7°F vs 54.3°F). Great Neck receives more rainfall at 45.3" per year compared to 43.3" in Manhasset Hills.

Income & Cost

Cost of Living Index
Great Neck
184
18% cheaper
Manhasset Hills
224
Median Household Income
Great Neck
$137,095
Manhasset Hills
$192,198
29% higher

Housing

Median Rent
Great Neck
$2,195
32% cheaper
Manhasset Hills
$3,213
Median Home Value
Great Neck
$953,400
10% cheaper
Manhasset Hills
$1,059,800
Population
Great Neck
11,068
Manhasset Hills
3,789

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Great Neck $3.32
Manhasset Hills $3.32
US $3.07
🥚
Eggs (grade A, large)
Great Neck $2.71
Manhasset Hills $2.71
US $2.50
🥛
Milk (whole)
Great Neck $4.36
Manhasset Hills $4.36
US $4.03
🍞
Bread (white)
Great Neck $2.00
Manhasset Hills $2.00
US $1.85
🍗
Chicken breast
Great Neck $4.49
Manhasset Hills $4.49
US $4.14
Electricity
Great Neck $0.24
Manhasset Hills $0.24
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Great Neck 56.7°F
Manhasset Hills 54.3°F
Summer High
Great Neck 86°F
Manhasset Hills 84°F
Winter Low
Great Neck 29°F
Manhasset Hills 26°F
Rainfall
Great Neck 45.3"
Manhasset Hills 43.3"
Rainy Days
Great Neck 122d
Manhasset Hills 121d