East Massapequa 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 MassapequaNew YorkNational
Cost of living index149120100
IndexEast MassapequaNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index208149100
Transportation index111111100
Utilities index126102100
An overview of the general cost of living index for East Massapequa, NY is displayed above for your reference. Residents in East Massapequa, NY enjoy a cost of living index of 149. This index is 24% higher than the New York average, and 49% 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 East Massapequa, NY, the average cost of goods and services is 11% higher than it is in New York, and it is 22% higher than the national average.

Did you know?

  • The cost of living in East Massapequa is 24% higher than the New York average.
  • The cost of living in East Massapequa is 49% higher than the national average.
  • The cost of housing in East Massapequa is 108% 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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Compare East Massapequa, NY Cost of living To Other Cities

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 Massapequa, 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 Massapequa, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the East Massapequa, 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$104,420$8,702$2,436$3,133
Renters$63,375$5,281$1,479$1,901
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in East Massapequa, NY, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. East Massapequa, NY has a median income of about $104,420 for people who own homes. Based on that number, a person should spend a maximum of $2,436 on expenses related to housing. Renters have a slightly different median income, which is $63,375. Based on this average, renters should spend no more than $1,479 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 East Massapequa, 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

ItemEast MassapequaNational 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

ItemEast MassapequaNational 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

ItemEast MassapequaNational 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

ItemEast MassapequaNational avg.Difference
Home Price $416,100.00$175,700.00136.8%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,305.00$920.0041.8%

Transportation

ItemEast MassapequaNational avg.Difference
Gasoline $2.19$1.9910.0%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemEast MassapequaNational 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%
East Massapequa, NY19,89114949%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Decatur, GA19,88812222%
Windsor, CO19,86511717%
King of Prussia, PA19,91912525%
Dickinson, ND19,92098-2%
Elmwood Park, NJ19,92113434%
East Massapequa, NY19,89114949%
Source: The East Massapequa, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.