Haverstraw 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.
IndexHaverstrawNew YorkNational
Cost of living index132122100
IndexHaverstrawNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index157149100
Transportation index100122100
Utilities index132102100
A general summary of the cost of living index in Haverstraw, NY is shown above. Compared to the state average of New York the cost of living index in Haverstraw, NY is 132, which is 9% higher than the average in New York and compared to the national average it is 32% higher 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 Haverstraw, NY goods and services come in at 12% higher than the average in New York and are 26% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Haverstraw is 9% higher than the New York average.
  • The cost of living in Haverstraw is 32% higher than the national average.
  • The cost of housing in Haverstraw is 57% 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 allows you to compare how much your current salary in Haverstraw, NY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Haverstraw, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Haverstraw, NY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$101,776$8,481$2,375$3,054
Renters$39,883$3,324$931$1,197
If you want to find a good determining factor for the cost of living and the general affordability of housing in Haverstraw, NY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Haverstraw, NY, the median monthly income is $101,776 for those who own their own homes. Under the standard rule, that income level would allow for $2,375 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $39,883, per the median income in the area. That would allow for renters to spend up to $931 on monthly rental expenses.

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 assessing the complete cost of living in Haverstraw, NY, the New York income tax and the New York sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New York maximum surtax is 8.875%, and the New York sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4% to 8.82% in New York.

Goods & Services

ItemHaverstrawNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $67.50$34.6894.6%
Toothpaste $4.04$2.4763.3%
Shampoo $0.88$1.0213.9%
Movie $14.75$9.8749.5%
Bowling $7.94$4.3980.8%

Groceries

ItemHaverstrawNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.04$1.4629.0%
Milk $2.26$2.364.1%
Potatoes $3.92$3.0628.0%
Pizza $10.00$9.248.2%
Beer $9.82$8.6313.8%

Health Care

ItemHaverstrawNational avg.Difference
Optometrist $111.67$99.7811.9%
Doctor $123.75$105.0317.8%
Dentist $110.00$88.7024.0%
Ibuprofen $10.33$9.419.8%
Lipitor $299.00$298.500.2%

Housing

ItemHaverstrawNational avg.Difference
Home Price $291,100.00$175,700.0065.7%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,255.00$920.0036.4%

Transportation

ItemHaverstrawNational avg.Difference
Gasoline $2.06$2.091.5%
Tire Balancing $47.99$45.296.0%

Utilities

ItemHaverstrawNational avg.Difference
All Electricity$262.56$170.8053.7%
Phone $29.01$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.
Greenville, NY5731044%
Mountain Lodge Park, NY1,98311616%
Highland Falls, NY3,85212424%
Harriman, NY2,77112525%
Fort Montgomery, NY1,38512828%
Haverstraw, NY12,06013232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lake City, FL12,05989-11%
Lynnfield, MA12,05816767%
Mango, FL12,06289-11%
Coolidge, AZ12,05882-18%
Leeds, AL12,06391-9%
Haverstraw, NY12,06013232%
Source: The Haverstraw, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.