Mechanicstown 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.
IndexMechanicstownNew YorkNational
Cost of living index113122100
IndexMechanicstownNew YorkNational
Goods & Services index115112100
Groceries index106103100
Health care index107104100
Housing index119149100
Transportation index111122100
Utilities index98102100
Here we can see a simple outline of the cost of living in Mechanicstown, NY. As you can see, with the average cost of living in Mechanicstown, NY being 113, that puts it 8% lower than the average of New York and 13% higher 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 Mechanicstown, NY, the price of goods and services are 3% higher than the average of New York as well as 15% higher than the nation's average.

Did you know?

  • The cost of living in Mechanicstown is 8% lower than the New York average.
  • The cost of living in Mechanicstown is 13% higher than the national average.
  • The cost of housing in Mechanicstown is 19% 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

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Mechanicstown, 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 Mechanicstown, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Mechanicstown, 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)
The affordability of the housing market in Mechanicstown, 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 Mechanicstown, NY homeowners, the median income is $94,157. This indicates that a monthly maximum of $2,197 should be spent by homeowners on all housing related costs. Renters have a median income of $31,341. This indicates that renters should have a maximum of $731 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 Mechanicstown, 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

ItemMechanicstownNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $33.75$34.682.7%
Toothpaste $2.29$2.477.4%
Shampoo $1.00$1.022.2%
Movie $11.70$9.8718.6%
Bowling $4.55$4.393.6%


ItemMechanicstownNational avg.Difference
Ground Beef $4.39$4.481.9%
Fried Chicken $1.99$1.4635.9%
Milk $2.77$2.3617.5%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $9.19$8.636.5%

Health Care

ItemMechanicstownNational avg.Difference
Optometrist $91.25$99.788.5%
Doctor $90.00$105.0314.3%
Dentist $107.25$88.7020.9%
Ibuprofen $9.49$9.410.8%
Lipitor $341.01$298.5014.2%


ItemMechanicstownNational avg.Difference
Home Price $208,900.00$175,700.0018.9%
Avg. Mortgage Payment $1,790.20$1,081.0365.6%
Apartment Rent $1,092.00$920.0018.7%


ItemMechanicstownNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $59.16$45.2930.6%


ItemMechanicstownNational avg.Difference
All Electricity$159.41$170.806.7%
Phone $29.75$28.265.3%
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.
Wurtsboro, NY1,0861055%
Unionville, NY6131055%
Mountain Lodge Park, NY1,98311616%
Pine Bush, NY1,56411717%
Walker Valley, NY60611717%
Mechanicstown, NY7,03011313%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Larose, LA7,03087-13%
Mount Sterling, KY7,03087-13%
Savannah, TN7,02987-13%
Tyrone, GA7,0281088%
Summit View, WA7,0331033%
Mechanicstown, NY7,03011313%
Source: The Mechanicstown, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.