Old Bethpage 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.
IndexOld BethpageNew YorkNational
Cost of living index151122100
IndexOld BethpageNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index220149100
Transportation index100122100
Utilities index132102100
The above illustration supplies generalized information for the Old Bethpage, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in Old Bethpage, NY is 151, which is 24% higher than the New York average and 51% 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 Old Bethpage, NY are 12% higher than the average for New York and 26% higher than the rest of the country.

Did you know?

  • The cost of living in Old Bethpage is 24% higher than the New York average.
  • The cost of living in Old Bethpage is 51% higher than the national average.
  • The cost of housing in Old Bethpage is 120% 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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Use the salary calculator to compare your current salary in Old Bethpage, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Old Bethpage, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Old Bethpage, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$134,940$11,245$3,148$4,049
Renters$16,161$1,347$377$485
One can approximate the cost of living and the housing affordability in Old Bethpage, NY by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Old Bethpage, NY have a median income of $134,940. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,148 per month to avoid calamity and poverty. The renters in the city have an income of about $16,161, which would make their monthly maximum allowable rental costs $377.

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 Old Bethpage, 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

ItemOld BethpageNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $67.50$34.6894.6%
Toothpaste $4.04$2.4763.3%
Shampoo $0.88$1.0213.9%
Movie $14.75$9.8749.5%
Bowling $7.94$4.3980.8%

Groceries

ItemOld BethpageNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.04$1.4629.0%
Milk $2.26$2.364.1%
Potatoes $3.92$3.0628.0%
Pizza $10.00$9.248.2%
Beer $9.82$8.6313.8%

Health Care

ItemOld BethpageNational avg.Difference
Optometrist $111.67$99.7811.9%
Doctor $123.75$105.0317.8%
Dentist $110.00$88.7024.0%
Ibuprofen $10.33$9.419.8%
Lipitor $299.00$298.500.2%

Housing

ItemOld BethpageNational avg.Difference
Home Price $520,500.00$175,700.00196.2%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $402.00$920.0056.3%

Transportation

ItemOld BethpageNational avg.Difference
Gasoline $2.06$2.091.5%
Tire Balancing $47.99$45.296.0%

Utilities

ItemOld BethpageNational avg.Difference
All Electricity$262.56$170.8053.7%
Phone $29.01$28.262.7%
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, NY36,23313131%
Brentwood, NY59,43613131%
Baywood, NY7,68113232%
North Amityville, NY19,60813232%
North Bay Shore, NY19,99513232%
Old Bethpage, NY5,50115151%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Waterville, OH5,4991000%
High Springs, FL5,49996-4%
Belvedere, SC5,50484-16%
Pupukea, HI5,498236136%
Poplar Grove, IL5,49898-2%
Old Bethpage, NY5,50115151%
Source: The Old Bethpage, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.