Deer Park 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.
IndexDeer ParkNew YorkNational
Cost of living index142120100
IndexDeer ParkNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index188149100
Transportation index111111100
Utilities index126102100
Here we can see a simple outline of the cost of living in Deer Park, NY. As you can see, with the average cost of living in Deer Park, NY being 142, that puts it 18% higher than the average of New York and 42% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Deer Park, NY, the price of goods and services are 11% higher than the average of New York as well as 22% higher than the nation's average.

Did you know?

  • The cost of living in Deer Park is 18% higher than the New York average.
  • The cost of living in Deer Park is 42% higher than the national average.
  • The cost of housing in Deer Park is 88% 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 Deer Park

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Deer Park

Compare Deer Park, 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
Using the salary calculator lets you compare the salary you earn in Deer Park, NY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Deer Park, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Deer Park, NY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$96,122$8,010$2,243$2,884
Renters$44,286$3,691$1,033$1,329
One can approximate the cost of living and the housing affordability in Deer Park, NY by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Deer Park, NY have a median income of $96,122. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,243 per month to avoid calamity and poverty. The renters in the city have an income of about $44,286, which would make their monthly maximum allowable rental costs $1,033.

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 you are determining the total cost of living in Deer Park, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

ItemDeer ParkNational 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

ItemDeer ParkNational 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

ItemDeer ParkNational 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

ItemDeer ParkNational avg.Difference
Home Price $353,400.00$175,700.00101.1%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,438.00$920.0056.3%

Transportation

ItemDeer ParkNational avg.Difference
Gasoline $2.19$1.9910.0%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemDeer ParkNational 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.
Central Islip, NY36,23313232%
Brentwood, NY59,43613232%
Baywood, NY7,68113333%
North Amityville, NY19,60813333%
North Bay Shore, NY19,99513333%
Deer Park, NY27,29014242%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Meadow Woods, FL27,30197-3%
Lindenhurst, NY27,30314141%
Bella Vista, AR27,27392-8%
Kahului, HI27,33916969%
Holly Springs, NC27,33911313%
Deer Park, NY27,29014242%
Source: The Deer Park, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.