Sound Beach 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.
IndexSound BeachNew YorkNational
Cost of living index132120100
IndexSound BeachNew YorkNational
Goods & Services index122110100
Groceries index130105100
Health care index11799100
Housing index163149100
Transportation index107111100
Utilities index110102100
An overview of the general cost of living index for Sound Beach, NY is displayed above for your reference. Residents in Sound Beach, NY enjoy a cost of living index of 132. This index is 10% higher than the New York average, and 32% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Sound Beach, NY, the average cost of goods and services is 11% higher than it is in New York, and it is 22% higher than the national average.

Did you know?

  • The cost of living in Sound Beach is 10% higher than the New York average.
  • The cost of living in Sound Beach is 32% higher than the national average.
  • The cost of housing in Sound Beach is 63% 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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Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Sound Beach, 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 Sound Beach, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Sound Beach, 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)
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 Sound Beach, 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. Sound Beach, NY has a median income of about $93,147 for people who own homes. Based on that number, a person should spend a maximum of $2,173 on expenses related to housing. Renters have a slightly different median income, which is $42,729. Based on this average, renters should spend no more than $997 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 Sound Beach, 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

ItemSound BeachNational avg.Difference
Haircut $19.74$15.5626.8%
Beauty Salon $55.02$36.1152.4%
Toothpaste $4.07$2.4764.6%
Shampoo $1.17$0.9620.9%
Movie $11.67$10.1315.2%
Bowling $7.30$4.7454.2%


ItemSound BeachNational avg.Difference
Ground Beef $4.79$3.9820.2%
Fried Chicken $1.59$1.4113.2%
Milk $3.06$2.0648.4%
Potatoes $5.30$2.9877.8%
Pizza $9.95$9.475.0%
Beer $9.99$8.7913.6%

Health Care

ItemSound BeachNational avg.Difference
Optometrist $119.98$101.0418.7%
Doctor $129.20$107.4420.2%
Dentist $113.88$90.4226.0%
Ibuprofen $9.82$9.285.9%
Lipitor $422.35$426.501.0%


ItemSound BeachNational avg.Difference
Home Price $288,100.00$175,700.0064.0%
Avg. Mortgage Payment $1,491.42$1,133.2331.6%
Apartment Rent $1,467.00$920.0059.5%


ItemSound BeachNational avg.Difference
Gasoline $2.12$1.996.5%
Tire Balancing $49.98$45.769.2%


ItemSound BeachNational avg.Difference
All Electricity$212.84$163.8129.9%
Phone $23.95$28.3915.6%
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.
Mastic Beach, NY14,88012323%
Calverton, NY6,37212424%
Ridge, NY12,92112626%
Mastic, NY16,27412828%
Central Islip, NY36,23313232%
Sound Beach, NY7,48013232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Franklin, LA7,48382-18%
Flatwoods, KY7,48384-16%
Aurora, MO7,47582-18%
Willow Street, PA7,48511212%
Fanwood, NJ7,47513838%
Sound Beach, NY7,48013232%
Source: The Sound Beach, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.