Oceanside 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.
IndexOceansideNew YorkNational
Cost of living index163122100
IndexOceansideNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index218149100
Transportation index138122100
Utilities index133102100
An overview of the general cost of living index for Oceanside, NY is displayed above for your reference. Residents in Oceanside, NY enjoy a cost of living index of 163. This index is 34% higher than the New York average, and 63% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Oceanside, NY, the average cost of goods and services is 34% higher than it is in New York, and it is 51% higher than the national average.

Did you know?

  • The cost of living in Oceanside is 34% higher than the New York average.
  • The cost of living in Oceanside is 63% higher than the national average.
  • The cost of housing in Oceanside is 118% 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.

Find Real Estate Listings In Oceanside

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Oceanside

Compare Oceanside, NY Cost of living To Other Cities

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 meant to help you compare your salary in Oceanside, NY to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Oceanside, NY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Oceanside, NY salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$106,648$8,887$2,488$3,200
Renters$43,551$3,629$1,016$1,307
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Oceanside, 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 Oceanside, NY homeowners have a median income of $106,648. Using that number, you will come up with a maximum of $2,488 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $43,551, which means there is a maximum of $1,016 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%
When considering the overall cost of living expenses in Oceanside, NY, it's important to take into account the sales tax for New York, as well as the rate for income tax in New York. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for New York is 8.875%, and the sales tax in the state of New York is 4%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in New York starts from 4% and goes up to 8.82%.

Goods & Services

ItemOceansideNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemOceansideNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemOceansideNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemOceansideNational avg.Difference
Home Price $437,300.00$175,700.00148.9%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,345.00$920.0046.2%

Transportation

ItemOceansideNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemOceansideNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
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.
North Amityville, NY19,60813232%
Wyandanch, NY11,18713333%
Roosevelt, NY16,55414747%
Uniondale, NY24,78714747%
New Cassel, NY13,98813636%
Oceanside, NY30,32916363%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dover, NH30,33211919%
Goleta, CA30,33316363%
Buenaventura Lakes, FL30,32493-7%
Georgetown, KY30,34992-8%
North Royalton, OH30,3531033%
Oceanside, NY30,32916363%
Source: The Oceanside, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.