East Hampton North 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.
IndexEast Hampton NorthNew YorkNational
Cost of living index187122100
IndexEast Hampton NorthNew YorkNational
Goods & Services index121112100
Groceries index128103100
Health care index119104100
Housing index341149100
Transportation index109122100
Utilities index128102100
The above illustration supplies generalized information for the East Hampton North, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in East Hampton North, NY is 187, which is 54% higher than the New York average and 87% 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 East Hampton North, NY are 8% higher than the average for New York and 21% higher than the rest of the country.

Did you know?

  • The cost of living in East Hampton North is 54% higher than the New York average.
  • The cost of living in East Hampton North is 87% higher than the national average.
  • The cost of housing in East Hampton North is 241% 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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Health care index
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The salary calculator is used in order to provide a comparison of your current salary in East Hampton North, 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 East Hampton North, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the East Hampton North, 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$125,132$10,428$2,920$3,754
Renters$43,159$3,597$1,007$1,295
How much of your monthly income goes to housing can tell you whether or not you can afford housing in East Hampton North, NY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In East Hampton North, NY homeowners have a median income of $125,132. Using that number, you will come up with a maximum of $2,920 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $43,159, which means there is a maximum of $1,007 to be spent on the costs of renting a home or apartment.

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 East Hampton North, 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

ItemEast Hampton NorthNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $47.06$34.6835.7%
Toothpaste $3.22$2.4730.2%
Shampoo $1.17$1.0214.5%
Movie $10.07$9.872.0%
Bowling $7.17$4.3963.3%

Groceries

ItemEast Hampton NorthNational avg.Difference
Ground Beef $6.34$4.4841.6%
Fried Chicken $1.90$1.4629.8%
Milk $2.56$2.368.6%
Potatoes $4.51$3.0647.3%
Pizza $10.11$9.249.4%
Beer $10.03$8.6316.2%

Health Care

ItemEast Hampton NorthNational avg.Difference
Optometrist $116.73$99.7817.0%
Doctor $123.77$105.0317.8%
Dentist $122.94$88.7038.6%
Ibuprofen $11.38$9.4120.9%
Lipitor $267.92$298.5010.2%

Housing

ItemEast Hampton NorthNational avg.Difference
Home Price $742,200.00$175,700.00322.4%
Avg. Mortgage Payment $1,493.00$1,081.0338.1%
Apartment Rent $1,393.00$920.0051.4%

Transportation

ItemEast Hampton NorthNational avg.Difference
Gasoline $2.44$2.0916.6%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemEast Hampton NorthNational avg.Difference
All Electricity$265.73$170.8055.6%
Phone $24.95$28.2611.7%
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.
Dering Harbor, NY512121%
Greenport West, NY1,93615151%
Greenport, NY2,36915252%
Southold, NY6,32315858%
East Marion, NY93216060%
East Hampton North, NY4,20118787%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Leisure Village, NJ4,20198-2%
Sullivan, IN4,20387-13%
Sparta, MI4,19987-13%
West Reading, PA4,20497-3%
Elkin, NC4,19896-4%
East Hampton North, NY4,20118787%
Source: The East Hampton North, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.