Long Beach 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.
IndexLong BeachNew YorkNational
Cost of living index169122100
IndexLong BeachNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index239149100
Transportation index138122100
Utilities index133102100
A general summary of the cost of living index in Long Beach, NY is shown above. Compared to the state average of New York the cost of living index in Long Beach, NY is 169, which is 39% higher than the average in New York and compared to the national average it is 69% 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 Long Beach, NY goods and services come in at 34% higher than the average in New York and are 51% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Long Beach is 39% higher than the New York average.
  • The cost of living in Long Beach is 69% higher than the national average.
  • The cost of housing in Long Beach is 139% 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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Use the salary calculator to compare your current salary in Long Beach, 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 Long Beach, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Long Beach, 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$102,420$8,535$2,390$3,073
Renters$61,787$5,149$1,442$1,854
If you want to find a good determining factor for the cost of living and the general affordability of housing in Long Beach, 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 Long Beach, NY, the median monthly income is $102,420 for those who own their own homes. Under the standard rule, that income level would allow for $2,390 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $61,787, per the median income in the area. That would allow for renters to spend up to $1,442 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 you are determining the total cost of living in Long Beach, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

ItemLong BeachNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemLong BeachNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemLong BeachNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemLong BeachNational avg.Difference
Home Price $464,200.00$175,700.00164.2%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,651.00$920.0079.5%

Transportation

ItemLong BeachNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemLong BeachNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
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.
North Amityville, NY19,60813232%
Roosevelt, NY16,55414747%
Uniondale, NY24,78714747%
New Cassel, NY13,98813636%
Hempstead, NY54,80114848%
Long Beach, NY33,52216969%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Salisbury, NC33,52487-13%
Greenville, MS33,51881-19%
Butte-Silver Bow, MT33,48189-11%
Security-Widefield, CO33,56697-3%
Dakota Ridge, CO33,58311212%
Long Beach, NY33,52216969%
Source: The Long Beach, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.