Irondequoit 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.
IndexIrondequoitNew YorkNational
Cost of living index95120100
IndexIrondequoitNew YorkNational
Goods & Services index104110100
Groceries index98105100
Health care index9999100
Housing index73149100
Transportation index115111100
Utilities index104102100
Here we can see a simple outline of the cost of living in Irondequoit, NY. As you can see, with the average cost of living in Irondequoit, NY being 95, that puts it 21% lower than the average of New York and 5% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Irondequoit, NY, the price of goods and services are 6% lower than the average of New York as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in Irondequoit is 21% lower than the New York average.
  • The cost of living in Irondequoit is 5% lower than the national average.
  • The cost of housing in Irondequoit is 27% 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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Compare Irondequoit, NY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Irondequoit, 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 Irondequoit, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Irondequoit, 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$62,839$5,237$1,466$1,885
Renters$29,340$2,445$685$880
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Irondequoit, NY as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Irondequoit, NY homeowners, is $62,839. This would allow for a maximum of $1,466 per month to be spent on housing costs. For renters, the median monthly income is $29,340 which would result in a maximum of $685 to be spent on rental 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%
The New York sales tax and New York income tax rates should definitely be considered when determining the overall cost of living in Irondequoit, 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

ItemIrondequoitNational avg.Difference
Haircut $15.07$15.563.2%
Beauty Salon $39.33$36.118.9%
Toothpaste $2.02$2.4718.3%
Shampoo $0.96$0.960.5%
Movie $10.52$10.133.9%
Bowling $5.08$4.747.3%

Groceries

ItemIrondequoitNational avg.Difference
Ground Beef $3.17$3.9820.4%
Fried Chicken $1.34$1.414.5%
Milk $1.87$2.069.4%
Potatoes $2.69$2.989.7%
Pizza $10.82$9.4714.3%
Beer $8.02$8.798.8%

Health Care

ItemIrondequoitNational avg.Difference
Optometrist $107.67$101.046.6%
Doctor $88.93$107.4417.2%
Dentist $99.93$90.4210.5%
Ibuprofen $8.30$9.2810.5%
Lipitor $417.73$426.502.1%

Housing

ItemIrondequoitNational avg.Difference
Home Price $116,000.00$175,700.0034.0%
Avg. Mortgage Payment $1,009.27$1,133.2310.9%
Apartment Rent $816.00$920.0011.3%

Transportation

ItemIrondequoitNational avg.Difference
Gasoline $2.24$1.9912.5%
Tire Balancing $55.50$45.7621.3%

Utilities

ItemIrondequoitNational avg.Difference
All Electricity$159.10$163.812.9%
Phone $32.32$28.3913.9%
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.
Ontario, NY2,18886-14%
Rochester, NY210,46189-11%
East Rochester, NY6,68792-8%
Gates, NY5,04993-7%
North Gates, NY9,95693-7%
Irondequoit, NY51,59495-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rowland Heights, CA51,59715050%
Aspen Hill, MD51,60313535%
Elkhart, IN51,53985-15%
West New York, NJ51,51114646%
Milford, CT51,50913434%
Irondequoit, NY51,59495-5%
Source: The Irondequoit, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.