Central Islip 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.
IndexCentral IslipNew YorkNational
Cost of living index132120100
IndexCentral IslipNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index152149100
Transportation index111111100
Utilities index126102100
The above illustration supplies generalized information for the Central Islip, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in Central Islip, NY is 132, which is 9% higher than the New York average and 32% 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 Central Islip, NY are 11% higher than the average for New York and 22% higher than the rest of the country.

Did you know?

  • The cost of living in Central Islip is 9% higher than the New York average.
  • The cost of living in Central Islip is 32% higher than the national average.
  • The cost of housing in Central Islip is 52% 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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Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Central Islip, NY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Central Islip, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Central Islip, NY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$80,702$6,725$1,883$2,421
Renters$40,949$3,412$955$1,229
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Central Islip, 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 Central Islip, NY homeowners, is $80,702. This would allow for a maximum of $1,883 per month to be spent on housing costs. For renters, the median monthly income is $40,949 which would result in a maximum of $955 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%
For those who live in Central Islip, NY and want to know what the true cost of living is, they ought to look at both the New York income tax rate and the New York sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In New York, the sales tax is 4%, while the most you'll pay in surtax is 8.875%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in New York, the income tax rate ranges between 4% to 8.82%.

Goods & Services

ItemCentral IslipNational avg.Difference
Haircut $19.59$15.5625.9%
Beauty Salon $64.49$36.1178.6%
Toothpaste $3.04$2.4722.8%
Shampoo $0.98$0.961.2%
Movie $12.88$10.1327.2%
Bowling $7.01$4.7448.0%

Groceries

ItemCentral IslipNational avg.Difference
Ground Beef $5.75$3.9844.3%
Fried Chicken $1.66$1.4117.7%
Milk $2.70$2.0630.8%
Potatoes $5.37$2.9880.1%
Pizza $9.80$9.473.4%
Beer $9.94$8.7913.0%

Health Care

ItemCentral IslipNational avg.Difference
Optometrist $114.84$101.0413.7%
Doctor $124.85$107.4416.2%
Dentist $110.04$90.4221.7%
Ibuprofen $10.40$9.2812.1%
Lipitor $413.65$426.503.0%

Housing

ItemCentral IslipNational avg.Difference
Home Price $259,000.00$175,700.0047.4%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,482.00$920.0061.1%

Transportation

ItemCentral IslipNational avg.Difference
Gasoline $2.19$1.9910.0%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemCentral IslipNational avg.Difference
All Electricity$237.81$163.8145.2%
Phone $29.01$28.392.2%
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, NY59,43613232%
Gordon Heights, NY3,91813030%
Baywood, NY7,68113333%
North Amityville, NY19,60813333%
North Bay Shore, NY19,99513333%
Central Islip, NY36,23313232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Parkland, WA36,2631055%
Lynnwood, WA36,26711717%
Bartlesville, OK36,19389-11%
Martinez, GA36,19095-5%
Delaware, OH36,18894-6%
Central Islip, NY36,23313232%
Source: The Central Islip, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.