North Sea 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 SeaNew YorkNational
Cost of living index191120100
IndexNorth SeaNew YorkNational
Goods & Services index122110100
Groceries index130105100
Health care index11799100
Housing index357149100
Transportation index107111100
Utilities index110102100
Displayed above is a general overview of the North Sea, NY cost of living index. The overall cost of living index in North Sea, NY is 191, which is 59% higher than the New York average and 91% 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 North Sea, NY are 11% higher than the New York average and 22% higher than the national average.

Did you know?

  • The cost of living in North Sea is 59% higher than the New York average.
  • The cost of living in North Sea is 91% higher than the national average.
  • The cost of housing in North Sea is 257% 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 Sea, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Using the salary calculator lets you compare the salary you earn in North Sea, 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 North Sea, NY, you have to earn a higher income in order to still have the same standard of living. To operate the North Sea, 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$92,600$7,717$2,161$2,778
Renters$65,486$5,457$1,528$1,965
The affordability of the housing market in North Sea, 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 North Sea, NY homeowners, the median income is $92,600. This indicates that a monthly maximum of $2,161 should be spent by homeowners on all housing related costs. Renters have a median income of $65,486. This indicates that renters should have a maximum of $1,528 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%
For those who live in North Sea, 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 SeaNational avg.Difference
Haircut $19.74$15.5626.8%
Beauty Salon $55.02$36.1152.4%
Toothpaste $4.07$2.4764.6%
Shampoo $1.17$0.9620.9%
Movie $11.67$10.1315.2%
Bowling $7.30$4.7454.2%

Groceries

ItemNorth SeaNational avg.Difference
Ground Beef $4.79$3.9820.2%
Fried Chicken $1.59$1.4113.2%
Milk $3.06$2.0648.4%
Potatoes $5.30$2.9877.8%
Pizza $9.95$9.475.0%
Beer $9.99$8.7913.6%

Health Care

ItemNorth SeaNational avg.Difference
Optometrist $119.98$101.0418.7%
Doctor $129.20$107.4420.2%
Dentist $113.88$90.4226.0%
Ibuprofen $9.82$9.285.9%
Lipitor $422.35$426.501.0%

Housing

ItemNorth SeaNational avg.Difference
Home Price $733,200.00$175,700.00317.3%
Avg. Mortgage Payment $1,491.42$1,133.2331.6%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemNorth SeaNational avg.Difference
Gasoline $2.12$1.996.5%
Tire Balancing $49.98$45.769.2%

Utilities

ItemNorth SeaNational avg.Difference
All Electricity$212.84$163.8129.9%
Phone $23.95$28.3915.6%
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.
Dering Harbor, NY512020%
Riverside, NY6311000%
Riverside CDP, NY4,9951055%
Northville, NY1,1121077%
Northampton, NY54813333%
North Sea, NY4,13419191%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lisbon Falls, ME4,13599-1%
North Great River, NY4,13314747%
Thomasville, AL4,13688-12%
Prairie du Sac, WI4,1371055%
Metter, GA4,13779-21%
North Sea, NY4,13419191%
Source: The North Sea, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.