North Bay Shore 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.
IndexNorth Bay ShoreNew YorkNational
Cost of living index133120100
IndexNorth Bay ShoreNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index156149100
Transportation index111111100
Utilities index126102100
The above illustration supplies generalized information for the North Bay Shore, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in North Bay Shore, NY is 133, which is 11% higher than the New York average and 33% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in North Bay Shore, NY are 11% higher than the average for New York and 22% higher than the rest of the country.

Did you know?

  • The cost of living in North Bay Shore is 11% higher than the New York average.
  • The cost of living in North Bay Shore is 33% higher than the national average.
  • The cost of housing in North Bay Shore is 56% 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 North Bay Shore, NY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in North Bay Shore, 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 North Bay Shore, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the North Bay Shore, 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$90,335$7,528$2,108$2,710
Renters$45,368$3,781$1,059$1,361
How much of your monthly income goes to housing can tell you whether or not you can afford housing in North Bay Shore, NY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In North Bay Shore, NY homeowners have a median income of $90,335. Using that number, you will come up with a maximum of $2,108 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $45,368, which means there is a maximum of $1,059 to be spent on the costs of renting a home or apartment.

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 North Bay Shore, 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

ItemNorth Bay ShoreNational avg.Difference
Haircut $19.59$15.5625.9%
Beauty Salon $64.49$36.1178.6%
Toothpaste $3.04$2.4722.8%
Shampoo $0.98$0.961.2%
Movie $12.88$10.1327.2%
Bowling $7.01$4.7448.0%

Groceries

ItemNorth Bay ShoreNational avg.Difference
Ground Beef $5.75$3.9844.3%
Fried Chicken $1.66$1.4117.7%
Milk $2.70$2.0630.8%
Potatoes $5.37$2.9880.1%
Pizza $9.80$9.473.4%
Beer $9.94$8.7913.0%

Health Care

ItemNorth Bay ShoreNational avg.Difference
Optometrist $114.84$101.0413.7%
Doctor $124.85$107.4416.2%
Dentist $110.04$90.4221.7%
Ibuprofen $10.40$9.2812.1%
Lipitor $413.65$426.503.0%

Housing

ItemNorth Bay ShoreNational avg.Difference
Home Price $281,900.00$175,700.0060.4%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,335.00$920.0045.1%

Transportation

ItemNorth Bay ShoreNational avg.Difference
Gasoline $2.19$1.9910.0%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemNorth Bay ShoreNational avg.Difference
All Electricity$237.81$163.8145.2%
Phone $29.01$28.392.2%
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.
Central Islip, NY36,23313232%
Brentwood, NY59,43613232%
Baywood, NY7,68113333%
North Amityville, NY19,60813333%
Wyandanch, NY11,18713333%
North Bay Shore, NY19,99513333%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Montclair, VA19,99013838%
Ives Estates, FL19,98096-4%
Pleasant Prairie, WI20,0151055%
Arvin, CA20,02898-2%
Franklin Farm, VA19,95616363%
North Bay Shore, NY19,99513333%
Source: The North Bay Shore, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.