Rotterdam 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.
IndexRotterdamNew YorkNational
Cost of living index105122100
IndexRotterdamNew YorkNational
Goods & Services index118112100
Groceries index99103100
Health care index101104100
Housing index92149100
Transportation index115122100
Utilities index96102100
A general summary of the cost of living index in Rotterdam, NY is shown above. Compared to the state average of New York the cost of living index in Rotterdam, NY is 105, which is 14% lower than the average in New York and compared to the national average it is 5% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Rotterdam, NY goods and services come in at 5% higher than the average in New York and are 18% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Rotterdam is 14% lower than the New York average.
  • The cost of living in Rotterdam is 5% higher than the national average.
  • The cost of housing in Rotterdam is 8% lower 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 Rotterdam, 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 Rotterdam, 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 Rotterdam, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Rotterdam, 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$66,358$5,530$1,548$1,991
Renters$31,269$2,606$730$938
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Rotterdam, 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 Rotterdam, NY homeowners, is $66,358. This would allow for a maximum of $1,548 per month to be spent on housing costs. For renters, the median monthly income is $31,269 which would result in a maximum of $730 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%
One thing to keep in mind when considering the cost of living in Rotterdam, NY is the New York sales tax and New York income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New York sales tax rate is 4% and the maximum surtax that can be charged is 8.875%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemRotterdamNational avg.Difference
Haircut $15.40$14.595.5%
Beauty Salon $38.00$34.689.6%
Toothpaste $1.73$2.4730.1%
Shampoo $0.99$1.023.1%
Movie $11.35$9.8715.0%
Bowling $3.98$4.399.4%

Groceries

ItemRotterdamNational avg.Difference
Ground Beef $4.23$4.485.5%
Fried Chicken $1.41$1.463.7%
Milk $2.35$2.360.3%
Potatoes $3.79$3.0623.8%
Pizza $8.49$9.248.1%
Beer $9.69$8.6312.2%

Health Care

ItemRotterdamNational avg.Difference
Optometrist $92.40$99.787.4%
Doctor $103.80$105.031.2%
Dentist $96.20$88.708.5%
Ibuprofen $9.23$9.411.9%
Lipitor $282.61$298.505.3%

Housing

ItemRotterdamNational avg.Difference
Home Price $158,400.00$175,700.009.8%
Avg. Mortgage Payment $1,315.97$1,081.0321.7%
Apartment Rent $872.00$920.005.2%

Transportation

ItemRotterdamNational avg.Difference
Gasoline $2.48$2.0918.4%
Tire Balancing $47.98$45.296.0%

Utilities

ItemRotterdamNational avg.Difference
All Electricity$174.50$170.802.2%
Phone $24.95$28.2611.7%
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.
Fort Johnson, NY53395-5%
Amsterdam, NY18,34895-5%
Schenectady, NY66,05599-1%
Green Island, NY2,6121011%
Hagaman, NY1,2841011%
Rotterdam, NY20,9561055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lockport, NY20,95781-19%
Salmon Creek, WA20,98511818%
Leesburg, FL20,91591-9%
Washington, UT20,9991033%
Cockeysville, MD21,00611717%
Rotterdam, NY20,9561055%
Source: The Rotterdam, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.