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College Cost Planning in Lake Grove, NY 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Lake Grove, New York. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Lake Grove as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$10,200

per year

Avg Private Tuition

$42,000

per year

Avg Rent Near Campus

$1,032

per month

Local Cost Market

1

benchmark points

Lake Grove Overview

Population

11,163

Student Population

2,104 (18.8%)

Cost of Living Index

130.7 (avg: 100)

Walk Score

42/100

Transit Score

25/100

Unemployment Rate

4.4%

College Cost Calculator for Lake Grove

Cost Inputs

Total Cost (4 Years, Public In-State)

$105,456

Total After Financial Aid

$105,456

Annual Cost

$26,364

Annual After Aid

$26,364

Cost Breakdown (4 Years)

Tuition$40,800
Room & Board$64,656

If Financed (10-Year Loan at 6.5%)

Loan Amount$105,456
Monthly Payment$1,197
Total Interest$38,236
Total Loan Cost$143,692

Education Cost Benchmarks in Lake Grove

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

1

Public tuition

$10,200

Private tuition

$42,000

Community college

$6,068

Cost of Living in Lake Grove vs. National Average

CategoryLake GroveNational AvgDifference
Public Tuition (In-State)$10,200$10,940-$740
Monthly Rent Near Campus$1,032$1,050-$18
Cost of Living Index130.7100+30.69999999999999

Lake Grove's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Lake Grove

42

Walk Score

Car-Dependent

25

Transit Score

Minimal Transit

18.8%

Student Population

2,104 students

Lake Grove has a total population of 11,163, with approximately 2,104 college students (18.8% of the population). As a major college town, Lake Grove offers a vibrant campus atmosphere with student-friendly businesses, affordable dining options, and active social scene.

Post-Graduation Outlook in Lake Grove

$44,458

Starting Salary

4.4%

Unemployment Rate

71%

Graduation Rate

~11.1 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Lake Grove earn a median starting salary of $44,458, which is $9,458 more per year the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 11.1 years to cover the investment. With average financial aid of $11,041 per student per year, the net cost can change materially by school and program.

Other Cities in New York

Methodology & Education Data Sources for Lake Grove

How we compile Lake Grove college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Lake Grove institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Lake Grove's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Lake Grove, NY?

Average annual in-state public university tuition in Lake Grove is $10,200. Private university tuition averages $42,000, and community college tuition averages $6,068. When room and board ($16,164/year) is included, the total annual cost at a public university is approximately $26,364.

How many local cost benchmarks are used for Lake Grove, NY?

Lake Grove uses approximately 1 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,104, which represents 18.8% of the total population.

What is the average rent near campus in Lake Grove?

The average rent near college campuses in Lake Grove is approximately $1,032 per month. The city has a cost of living index of 130.7 (national average is 100), a walk score of 42, and a public transit score of 25. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Lake Grove?

College graduates in Lake Grove earn a median starting salary of $44,458. The local unemployment rate is 4.4%. With an average financial aid package of $11,041 per student and a 71% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Lake Grove, NY?

With a median starting salary of $44,458 and an average 4-year public university cost of $105,456 (including room and board), the modeled salary premium can recoup the net investment in about 11.1 years. The 71% graduation rate underscores the importance of choosing the right program and staying on track academically.

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