Rye 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.
IndexRyeNew YorkNational
Cost of living index315120100
IndexRyeNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index763149100
Transportation index111111100
Utilities index126102100
Here we can see a simple outline of the cost of living in Rye, NY. As you can see, with the average cost of living in Rye, NY being 315, that puts it 162% higher than the average of New York and 215% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Rye, NY, the price of goods and services are 11% higher than the average of New York as well as 22% higher than the nation's average.

Did you know?

  • The cost of living in Rye is 162% higher than the New York average.
  • The cost of living in Rye is 215% higher than the national average.
  • The cost of housing in Rye is 663% 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 Rye, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Rye, NY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Rye, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Rye, NY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$180,833$15,069$4,219$5,426
Renters$95,789$7,982$2,235$2,874
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Rye, NY, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Rye, NY has a median income of about $180,833 for people who own homes. Based on that number, a person should spend a maximum of $4,219 on expenses related to housing. Renters have a slightly different median income, which is $95,789. Based on this average, renters should spend no more than $2,235 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Rye, 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

ItemRyeNational avg.Difference
Haircut $19.59$15.5625.9%
Beauty Salon $64.49$36.1178.6%
Toothpaste $3.04$2.4722.8%
Shampoo $0.98$0.961.2%
Movie $12.88$10.1327.2%
Bowling $7.01$4.7448.0%

Groceries

ItemRyeNational avg.Difference
Ground Beef $5.75$3.9844.3%
Fried Chicken $1.66$1.4117.7%
Milk $2.70$2.0630.8%
Potatoes $5.37$2.9880.1%
Pizza $9.80$9.473.4%
Beer $9.94$8.7913.0%

Health Care

ItemRyeNational avg.Difference
Optometrist $114.84$101.0413.7%
Doctor $124.85$107.4416.2%
Dentist $110.04$90.4221.7%
Ibuprofen $10.40$9.2812.1%
Lipitor $413.65$426.503.0%

Housing

ItemRyeNational avg.Difference
Home Price $1,761,400.00$175,700.00902.5%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,892.00$920.00105.7%

Transportation

ItemRyeNational avg.Difference
Gasoline $2.19$1.9910.0%
Tire Balancing $52.50$45.7614.7%

Utilities

ItemRyeNational avg.Difference
All Electricity$237.81$163.8145.2%
Phone $29.01$28.392.2%
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%
Haverstraw, NY12,06012424%
Hartsdale, NY5,34613636%
Fort Lee, NJ36,04813131%
Fairview CDP (Westchester County), NY2,97814141%
Rye, NY15,892315215%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gibsonton, FL15,89392-8%
Wilkinsburg, PA15,89482-18%
Waterville, ME15,88697-3%
Adelphi, MD15,88512222%
Pearl River, NY15,90114444%
Rye, NY15,892315215%
Source: The Rye, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.