Bellmore cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBellmoreNew YorkNational
Cost of living index169122100
IndexBellmoreNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index240149100
Transportation index138122100
Utilities index133102100
Displayed above is a general overview of the Bellmore, NY cost of living index. The overall cost of living index in Bellmore, NY is 169, which is 39% higher than the New York average and 69% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Bellmore, NY are 34% higher than the New York average and 51% higher than the national average.

Did you know?

  • The cost of living in Bellmore is 39% higher than the New York average.
  • The cost of living in Bellmore is 69% higher than the national average.
  • The cost of housing in Bellmore is 140% higher than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

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Use the salary calculator to compare your current salary in Bellmore, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Bellmore, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Bellmore, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$121,953$10,163$2,845$3,659
Renters$64,432$5,369$1,503$1,933
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bellmore, NY as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Bellmore, NY homeowners, is $121,953. This would allow for a maximum of $2,845 per month to be spent on housing costs. For renters, the median monthly income is $64,432 which would result in a maximum of $1,503 to be spent on rental costs.

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%
When assessing the complete cost of living in Bellmore, NY, the New York income tax and the New York sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New York maximum surtax is 8.875%, and the New York sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4% to 8.82% in New York.

Goods & Services

ItemBellmoreNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemBellmoreNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemBellmoreNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemBellmoreNational avg.Difference
Home Price $457,100.00$175,700.00160.2%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,760.00$920.0091.3%

Transportation

ItemBellmoreNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemBellmoreNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Brentwood, NY59,43613131%
Baywood, NY7,68113232%
North Amityville, NY19,60813232%
North Bay Shore, NY19,99513232%
Wyandanch, NY11,18713333%
Bellmore, NY16,26016969%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Three Lakes, FL16,26311515%
Fort Thomas, KY16,25095-5%
Mercedes, TX16,27170-30%
Maitland, FL16,27311717%
Welby, CO16,27397-3%
Bellmore, NY16,26016969%
Source: The Bellmore, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.