Pearl River 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.
IndexPearl RiverNew YorkNational
Cost of living index144120100
IndexPearl RiverNew YorkNational
Goods & Services index114110100
Groceries index106105100
Health care index10099100
Housing index222149100
Transportation index107111100
Utilities index109102100
Displayed above is a general overview of the Pearl River, NY cost of living index. The overall cost of living index in Pearl River, NY is 144, which is 19% higher than the New York average and 44% 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 Pearl River, NY are 3% higher than the New York average and 14% higher than the national average.

Did you know?

  • The cost of living in Pearl River is 19% higher than the New York average.
  • The cost of living in Pearl River is 44% higher than the national average.
  • The cost of housing in Pearl River is 122% 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 Pearl River, NY Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Pearl River, NY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Pearl River, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Pearl River, NY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$116,663$9,722$2,722$3,500
Renters$47,267$3,939$1,103$1,418
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Pearl River, NY as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Pearl River, NY homeowners, is $116,663. This would allow for a maximum of $2,722 per month to be spent on housing costs. For renters, the median monthly income is $47,267 which would result in a maximum of $1,103 to be spent on rental 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 Pearl River, 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

ItemPearl RiverNational avg.Difference
Haircut $21.07$15.5635.3%
Beauty Salon $37.27$36.113.2%
Toothpaste $2.00$2.4719.2%
Shampoo $0.99$0.962.6%
Movie $12.15$10.1320.0%
Bowling $4.22$4.7411.0%

Groceries

ItemPearl RiverNational avg.Difference
Ground Beef $3.70$3.987.2%
Fried Chicken $1.60$1.4113.9%
Milk $2.41$2.0616.8%
Potatoes $2.72$2.988.7%
Pizza $8.23$9.4713.1%
Beer $8.92$8.791.5%

Health Care

ItemPearl RiverNational avg.Difference
Optometrist $114.67$101.0413.5%
Doctor $97.00$107.449.7%
Dentist $100.58$90.4211.2%
Ibuprofen $8.64$9.286.9%
Lipitor $377.50$426.5011.5%

Housing

ItemPearl RiverNational avg.Difference
Home Price $446,900.00$175,700.00154.4%
Avg. Mortgage Payment $1,788.76$1,133.2357.8%
Apartment Rent $1,357.00$920.0047.5%

Transportation

ItemPearl RiverNational avg.Difference
Gasoline $1.95$1.992.3%
Tire Balancing $58.03$45.7626.8%

Utilities

ItemPearl RiverNational avg.Difference
All Electricity$168.80$163.813.0%
Phone $33.50$28.3918.0%
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, NY5731033%
Paterson, NJ146,34111919%
Mount Ivy, NY6,92612020%
Haledon, NJ8,39712121%
Spring Valley, NY32,00712121%
Pearl River, NY15,90114444%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Seven Oaks, SC15,90698-2%
Wilkinsburg, PA15,89482-18%
Gibsonton, FL15,89392-8%
Rye, NY15,892315215%
Groves, TX15,91185-15%
Pearl River, NY15,90114444%
Source: The Pearl River, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.