Calverton 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.
IndexCalvertonNew YorkNational
Cost of living index126122100
IndexCalvertonNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index135149100
Transportation index100122100
Utilities index132102100
The above illustration supplies generalized information for the Calverton, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in Calverton, NY is 126, which is 3% higher than the New York average and 26% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Calverton, NY are 12% higher than the average for New York and 26% higher than the rest of the country.

Did you know?

  • The cost of living in Calverton is 3% higher than the New York average.
  • The cost of living in Calverton is 26% higher than the national average.
  • The cost of housing in Calverton is 35% 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.

Find Real Estate Listings In Calverton

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Calverton

Compare Calverton, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Calverton, NY to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Calverton, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Calverton, NY salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$47,646$3,971$1,112$1,430
Renters$50,381$4,198$1,175$1,512
If you want to find a good determining factor for the cost of living and the general affordability of housing in Calverton, NY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Calverton, NY, the median monthly income is $47,646 for those who own their own homes. Under the standard rule, that income level would allow for $1,112 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $50,381, per the median income in the area. That would allow for renters to spend up to $1,175 on monthly rental expenses.

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%
The New York sales tax and New York income tax rates should definitely be considered when determining the overall cost of living in Calverton, NY. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New York sales tax is 4% and the maximum surtax is 8.875%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemCalvertonNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $67.50$34.6894.6%
Toothpaste $4.04$2.4763.3%
Shampoo $0.88$1.0213.9%
Movie $14.75$9.8749.5%
Bowling $7.94$4.3980.8%

Groceries

ItemCalvertonNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.04$1.4629.0%
Milk $2.26$2.364.1%
Potatoes $3.92$3.0628.0%
Pizza $10.00$9.248.2%
Beer $9.82$8.6313.8%

Health Care

ItemCalvertonNational avg.Difference
Optometrist $111.67$99.7811.9%
Doctor $123.75$105.0317.8%
Dentist $110.00$88.7024.0%
Ibuprofen $10.33$9.419.8%
Lipitor $299.00$298.500.2%

Housing

ItemCalvertonNational avg.Difference
Home Price $224,300.00$175,700.0027.7%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,389.00$920.0051.0%

Transportation

ItemCalvertonNational avg.Difference
Gasoline $2.06$2.091.5%
Tire Balancing $47.99$45.296.0%

Utilities

ItemCalvertonNational avg.Difference
All Electricity$262.56$170.8053.7%
Phone $29.01$28.262.7%
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.
Riverside, NY6311022%
Riverside CDP, NY4,9951077%
Northville, NY1,112100-0%
Mastic Beach, NY14,88012525%
Ridge, NY12,92112828%
Calverton, NY6,37212626%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
South Williamsport, PA6,37094-6%
Iowa Park, TX6,37581-19%
Bronxville, NY6,378213113%
Powell, WY6,36594-6%
Star, ID6,37997-3%
Calverton, NY6,37212626%
Source: The Calverton, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.