Cost of Living in Queens County, NY for 2022

Queens is the largest borough in New York and is the second largest borough in population after Brooklyn. Located on Long Island. Here lives the most heterogeneous part of the population of New York in terms of ethnic composition. The population of Queens is about 2,405,464 people.

In this analytical article, we look at the cost of living in Queens County, NY for 2022. To do this, we will use a calculator compiled by the Economic Policy Institute (EPI). The Family Budget Calculator (EPI) will help you determine the optimal income to maintain a modest but fairly comfortable standard of living. Let’s study living expenses for three types of families: for one adult, for two adults and for a family of four (two adults and two children). For a complete picture, let’s look at the average net salaries in Queens County, NY for 2022. The cost-to-income ratio will help us get the full picture.

Apartment rental prices are based on data from the Department of Housing and Urban Development. The Department takes into account fair market rent, which includes utility costs. Prices were taken into account for renting a studio apartment for one adult, a one-bedroom apartment for two adults, and a two-bedroom apartment for two adults with one or two children. Food expenditures are based on data from the USDA and have been adjusted for each area.

Average net salaries are per month (after tax) and based on numbeo data (current as of end December 2022). The median net salary in New York County, NY after taxes is $6,081/month (or $72,972/year) as of December 2022.