Farmingville 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.
IndexFarmingvilleNew YorkNational
Cost of living index146120100
IndexFarmingvilleNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index199149100
Transportation index111111100
Utilities index126102100
A general overview of the cost of living index for Farmingville, NY is displayed above. In Farmingville, NY, the overall cost of living index is 146, which is 21% higher than the New York average and 46% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Farmingville, NY, the city's goods and services are 11% higher than the New York average and 22% higher than the U.S. average.

Did you know?

  • The cost of living in Farmingville is 21% higher than the New York average.
  • The cost of living in Farmingville is 46% higher than the national average.
  • The cost of housing in Farmingville is 99% 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 Farmingville, NY Cost of living To Other Cities

Salary Calculator

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The salary calculator is meant to help you compare your salary in Farmingville, NY to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Farmingville, NY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Farmingville, NY salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$101,705$8,475$2,373$3,051
Renters$45,815$3,818$1,069$1,375
One can approximate the cost of living and the housing affordability in Farmingville, 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 Farmingville, NY have a median income of $101,705. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,373 per month to avoid calamity and poverty. The renters in the city have an income of about $45,815, which would make their monthly maximum allowable rental costs $1,069.

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%
The New York sales tax and New York income tax rates should definitely be considered when determining the overall cost of living in Farmingville, NY. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New York sales tax is 4% and the maximum surtax is 8.875%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemFarmingvilleNational 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

ItemFarmingvilleNational 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

ItemFarmingvilleNational 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

ItemFarmingvilleNational avg.Difference
Home Price $335,300.00$175,700.0090.8%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $2,001.00$920.00117.5%

Transportation

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

Utilities

ItemFarmingvilleNational 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.
Mastic Beach, NY14,88012323%
Calverton, NY6,37212424%
Ridge, NY12,92112626%
Mastic, NY16,27412828%
Central Islip, NY36,23313232%
Farmingville, NY16,09714646%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Uvalde, TX16,09477-23%
Centerville, UT16,1041066%
Abington, MA16,08113636%
Hybla Valley, VA16,07612828%
Mesquite, NV16,07298-2%
Farmingville, NY16,09714646%
Source: The Farmingville, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.