Ossining 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.
IndexOssiningNew YorkNational
Cost of living index146122100
IndexOssiningNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index204149100
Transportation index100122100
Utilities index132102100
A general overview of the cost of living index for Ossining, NY is displayed above. In Ossining, NY, the overall cost of living index is 146, which is 20% higher than the New York average and 46% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Ossining, NY, the city's goods and services are 12% higher than the New York average and 26% higher than the U.S. average.

Did you know?

  • The cost of living in Ossining is 20% higher than the New York average.
  • The cost of living in Ossining is 46% higher than the national average.
  • The cost of housing in Ossining is 104% 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 Ossining, NY Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Ossining, 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 Ossining, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Ossining, 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$104,705$8,725$2,443$3,141
Renters$45,150$3,763$1,053$1,355
If you want to find a good determining factor for the cost of living and the general affordability of housing in Ossining, NY, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Ossining, NY, the median monthly income is $104,705 for those who own their own homes. Under the standard rule, that income level would allow for $2,443 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $45,150, per the median income in the area. That would allow for renters to spend up to $1,053 on monthly rental expenses.

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 Ossining, 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

ItemOssiningNational 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

ItemOssiningNational 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

ItemOssiningNational 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

ItemOssiningNational avg.Difference
Home Price $394,400.00$175,700.00124.5%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,427.00$920.0055.1%

Transportation

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

Utilities

ItemOssiningNational 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.
Greenville, NY5731044%
Highland Falls, NY3,85212424%
Harriman, NY2,77112525%
Fort Montgomery, NY1,38512828%
Mount Ivy, NY6,92612828%
Ossining, NY25,23214646%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bloomington, CA25,2281088%
Westmont, IL25,23611717%
Harvey, IL25,22592-8%
Freeport, IL25,22583-17%
Bridgeton, NJ25,25297-3%
Ossining, NY25,23214646%
Source: The Ossining, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.