Salisbury 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.
IndexSalisburyNew YorkNational
Cost of living index155120100
IndexSalisburyNew YorkNational
Goods & Services index122110100
Groceries index134105100
Health care index11499100
Housing index230149100
Transportation index111111100
Utilities index126102100
Displayed above is a general overview of the Salisbury, NY cost of living index. The overall cost of living index in Salisbury, NY is 155, which is 29% higher than the New York average and 55% 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 Salisbury, NY are 11% higher than the New York average and 22% higher than the national average.

Did you know?

  • The cost of living in Salisbury is 29% higher than the New York average.
  • The cost of living in Salisbury is 55% higher than the national average.
  • The cost of housing in Salisbury is 130% 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.

Find Real Estate Listings In Salisbury

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Salisbury

Compare Salisbury, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in Salisbury, 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 Salisbury, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Salisbury, 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$103,102$8,592$2,406$3,093
Renters$50,231$4,186$1,172$1,507
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Salisbury, NY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Salisbury, NY homeowners have a median income of $103,102. Using that number, you will come up with a maximum of $2,406 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $50,231, which means there is a maximum of $1,172 to be spent on the costs of renting a home or apartment.

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 Salisbury, 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

ItemSalisburyNational 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

ItemSalisburyNational 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

ItemSalisburyNational 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

ItemSalisburyNational avg.Difference
Home Price $422,200.00$175,700.00140.3%
Avg. Mortgage Payment $2,269.26$1,133.23100.2%
Apartment Rent $1,883.00$920.00104.7%

Transportation

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

Utilities

ItemSalisburyNational 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.
Baywood, NY7,68113333%
North Amityville, NY19,60813333%
Wyandanch, NY11,18713333%
Roosevelt, NY16,55414646%
Uniondale, NY24,78714646%
Salisbury, NY12,15415555%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lumberton, TX12,15393-7%
Morgan City, LA12,15389-11%
Palmer Town, MA12,15511313%
Andrews, TX12,16085-15%
Greensburg, IN12,16082-18%
Salisbury, NY12,15415555%
Source: The Salisbury, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.