An overview of the general cost of living index for Dobbs Ferry, NY is displayed above for your reference. Residents in Dobbs Ferry, NY enjoy a cost of living index of 163. This index is 35% higher than the New York average, and 63% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Dobbs Ferry, NY, the average cost of goods and services is 3% higher than it is in New York, and it is 14% higher than the national average.