Montebello 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.
IndexMontebelloNew YorkNational
Cost of living index170122100
IndexMontebelloNew YorkNational
Goods & Services index115112100
Groceries index106103100
Health care index107104100
Housing index311149100
Transportation index111122100
Utilities index98102100
A general summary of the cost of living index in Montebello, NY is shown above. Compared to the state average of New York the cost of living index in Montebello, NY is 170, which is 40% higher than the average in New York and compared to the national average it is 70% 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 Montebello, NY goods and services come in at 3% higher than the average in New York and are 15% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Montebello is 40% higher than the New York average.
  • The cost of living in Montebello is 70% higher than the national average.
  • The cost of housing in Montebello is 211% 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 Montebello, NY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Montebello, NY to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Montebello, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Montebello, NY salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$172,644$14,387$4,028$5,180
Renters$39,919$3,327$931$1,198
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Montebello, 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 Montebello, NY homeowners, is $172,644. This would allow for a maximum of $4,028 per month to be spent on housing costs. For renters, the median monthly income is $39,919 which would result in a maximum of $931 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%
For those who live in Montebello, NY and want to know what the true cost of living is, they ought to look at both the New York income tax rate and the New York sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In New York, the sales tax is 4%, while the most you'll pay in surtax is 8.875%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in New York, the income tax rate ranges between 4% to 8.82%.

Goods & Services

ItemMontebelloNational 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%

Groceries

ItemMontebelloNational 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

ItemMontebelloNational 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%

Housing

ItemMontebelloNational avg.Difference
Home Price $637,400.00$175,700.00262.8%
Avg. Mortgage Payment $1,790.20$1,081.0365.6%
Apartment Rent $1,760.00$920.0091.3%

Transportation

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

Utilities

ItemMontebelloNational 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.
Harriman, NY2,77112525%
Paterson, NJ146,34111919%
Fort Montgomery, NY1,38512828%
Mount Ivy, NY6,92612828%
Florida, NY2,84212020%
Montebello, NY4,58817070%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Smithville, TN4,58780-20%
Zebulon, NC4,59091-9%
West Ocean City, MD4,58612323%
Michigan Center, MI4,58685-15%
Belleview, FL4,58588-12%
Montebello, NY4,58817070%
Source: The Montebello, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.