Hamburg 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.
IndexHamburgNew YorkNational
Cost of living index90122100
IndexHamburgNew YorkNational
Goods & Services index85112100
Groceries index88103100
Health care index89104100
Housing index83149100
Transportation index117122100
Utilities index101102100
A general summary of the cost of living index in Hamburg, NY is shown above. Compared to the state average of New York the cost of living index in Hamburg, NY is 90, which is 26% lower than the average in New York and compared to the national average it is 10% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Hamburg, NY goods and services come in at 24% lower than the average in New York and are 15% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Hamburg is 26% lower than the New York average.
  • The cost of living in Hamburg is 10% lower than the national average.
  • The cost of housing in Hamburg is 17% lower 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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Use the salary calculator to compare your current salary in Hamburg, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Hamburg, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Hamburg, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$83,521$6,960$1,949$2,506
Renters$34,688$2,891$809$1,041
The affordability of the housing market in Hamburg, NY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Hamburg, NY homeowners, the median income is $83,521. This indicates that a monthly maximum of $1,949 should be spent by homeowners on all housing related costs. Renters have a median income of $34,688. This indicates that renters should have a maximum of $809 used for their rent related monthly costs.

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%
One thing to keep in mind when considering the cost of living in Hamburg, NY is the New York sales tax and New York income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New York sales tax rate is 4% and the maximum surtax that can be charged is 8.875%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemHamburgNational avg.Difference
Haircut $14.78$14.591.3%
Beauty Salon $24.99$34.6827.9%
Toothpaste $1.49$2.4739.8%
Shampoo $0.87$1.0214.9%
Movie $10.62$9.877.6%
Bowling $2.90$4.3934.0%

Groceries

ItemHamburgNational avg.Difference
Ground Beef $3.74$4.4816.5%
Fried Chicken $1.14$1.4622.1%
Milk $1.82$2.3622.8%
Potatoes $2.19$3.0628.5%
Pizza $8.00$9.2413.4%
Beer $7.73$8.6310.5%

Health Care

ItemHamburgNational avg.Difference
Optometrist $55.25$99.7844.6%
Doctor $80.50$105.0323.4%
Dentist $78.80$88.7011.2%
Ibuprofen $7.98$9.4115.2%
Lipitor $335.79$298.5012.5%

Housing

ItemHamburgNational avg.Difference
Home Price $148,200.00$175,700.0015.7%
Avg. Mortgage Payment $1,155.06$1,081.036.8%
Apartment Rent $733.00$920.0020.3%

Transportation

ItemHamburgNational avg.Difference
Gasoline $2.74$2.0931.2%
Tire Balancing $35.11$45.2922.5%

Utilities

ItemHamburgNational avg.Difference
All Electricity$177.83$170.804.1%
Phone $27.50$28.262.7%
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.
Buffalo, NY259,95980-20%
Sloan, NY3,64280-20%
Lackawanna, NY18,03781-19%
North Collins, NY1,28482-18%
Blasdell, NY2,56582-18%
Hamburg, NY9,48290-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pearsall, TX9,48279-21%
Coweta, OK9,48389-11%
Woodfield, SC9,48492-8%
Pryor Creek, OK9,47982-18%
Corte Madera, CA9,478209109%
Hamburg, NY9,48290-10%
Source: The Hamburg, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.