Lynbrook 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.
IndexLynbrookNew YorkNational
Cost of living index162122100
IndexLynbrookNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index216149100
Transportation index138122100
Utilities index133102100
Displayed above is a general overview of the Lynbrook, NY cost of living index. The overall cost of living index in Lynbrook, NY is 162, which is 33% higher than the New York average and 62% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Lynbrook, NY are 34% higher than the New York average and 51% higher than the national average.

Did you know?

  • The cost of living in Lynbrook is 33% higher than the New York average.
  • The cost of living in Lynbrook is 62% higher than the national average.
  • The cost of housing in Lynbrook is 116% 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 Lynbrook, NY Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Lynbrook, NY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Lynbrook, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Lynbrook, NY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$107,794$8,983$2,515$3,234
Renters$44,561$3,713$1,040$1,337
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lynbrook, 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 Lynbrook, NY homeowners, is $107,794. This would allow for a maximum of $2,515 per month to be spent on housing costs. For renters, the median monthly income is $44,561 which would result in a maximum of $1,040 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%
One thing to keep in mind when considering the cost of living in Lynbrook, 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

ItemLynbrookNational 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

ItemLynbrookNational 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

ItemLynbrookNational 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

ItemLynbrookNational avg.Difference
Home Price $406,200.00$175,700.00131.2%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,648.00$920.0079.1%

Transportation

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

Utilities

ItemLynbrookNational 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%
Lynbrook, NY19,51716262%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Weirton, WV19,52388-12%
Schofield Barracks, HI19,52516767%
Evans, CO19,53597-3%
Lorton, VA19,49713333%
Amherst Center, MA19,54312222%
Lynbrook, NY19,51716262%
Source: The Lynbrook, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.