Lyons 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.
IndexLyonsNew YorkNational
Cost of living index86120100
IndexLyonsNew YorkNational
Goods & Services index104110100
Groceries index98105100
Health care index9999100
Housing index45149100
Transportation index115111100
Utilities index104102100
Displayed above is a general overview of the Lyons, NY cost of living index. The overall cost of living index in Lyons, NY is 86, which is 28% lower than the New York average and 14% lower 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 Lyons, NY are 6% lower than the New York average and 4% higher than the national average.

Did you know?

  • The cost of living in Lyons is 28% lower than the New York average.
  • The cost of living in Lyons is 14% lower than the national average.
  • The cost of housing in Lyons is 55% 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 Lyons, NY Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Lyons, NY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Lyons, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Lyons, NY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,435$4,286$1,200$1,543
Renters$14,939$1,245$349$448
The affordability of the housing market in Lyons, 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 Lyons, NY homeowners, the median income is $51,435. This indicates that a monthly maximum of $1,200 should be spent by homeowners on all housing related costs. Renters have a median income of $14,939. This indicates that renters should have a maximum of $349 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%
When you are determining the total cost of living in Lyons, 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

ItemLyonsNational 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

ItemLyonsNational 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

ItemLyonsNational 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

ItemLyonsNational avg.Difference
Home Price $64,400.00$175,700.0063.3%
Avg. Mortgage Payment $1,009.27$1,133.2310.9%
Apartment Rent $601.00$920.0034.7%

Transportation

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

Utilities

ItemLyonsNational 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.
Savannah, NY42684-16%
Ontario, NY2,18886-14%
North Rose, NY69486-14%
Wolcott, NY1,69887-13%
Waterloo, NY5,17885-15%
Lyons, NY3,34386-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Checotah, OK3,34383-17%
Sugar Creek, MO3,34486-14%
Athens, PA3,34485-15%
Chattahoochee, FL3,34280-20%
Garnett, KS3,34585-15%
Lyons, NY3,34386-14%
Source: The Lyons, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.