Southport 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.
IndexSouthportNew YorkNational
Cost of living index89122100
IndexSouthportNew YorkNational
Goods & Services index100112100
Groceries index104103100
Health care index112104100
Housing index54149100
Transportation index123122100
Utilities index91102100
Here we can see a simple outline of the cost of living in Southport, NY. As you can see, with the average cost of living in Southport, NY being 89, that puts it 27% lower than the average of New York and 11% lower 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 Southport, NY, the price of goods and services are 11% lower than the average of New York as well as equal to the nation's average.

Did you know?

  • The cost of living in Southport is 27% lower than the New York average.
  • The cost of living in Southport is 11% lower than the national average.
  • The cost of housing in Southport is 46% 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 Southport, 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
The salary calculator is meant to help you compare your salary in Southport, NY to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Southport, NY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Southport, NY salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,586$3,799$1,064$1,368
Renters$30,057$2,505$701$902
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Southport, 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 Southport, NY homeowners have a median income of $45,586. Using that number, you will come up with a maximum of $1,064 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $30,057, which means there is a maximum of $701 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 Southport, 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

ItemSouthportNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $34.25$34.681.2%
Toothpaste $3.08$2.4724.5%
Shampoo $1.51$1.0247.7%
Movie $10.50$9.876.4%
Bowling $4.00$4.398.9%

Groceries

ItemSouthportNational avg.Difference
Ground Beef $4.41$4.481.5%
Fried Chicken $1.62$1.4610.7%
Milk $1.90$2.3619.4%
Potatoes $3.24$3.065.8%
Pizza $8.00$9.2413.4%
Beer $9.59$8.6311.1%

Health Care

ItemSouthportNational avg.Difference
Optometrist $109.00$99.789.2%
Doctor $143.69$105.0336.8%
Dentist $87.00$88.701.9%
Ibuprofen $9.48$9.410.7%
Lipitor $320.90$298.507.5%

Housing

ItemSouthportNational avg.Difference
Home Price $75,400.00$175,700.0057.1%
Avg. Mortgage Payment $1,281.68$1,081.0318.6%
Apartment Rent $739.00$920.0019.7%

Transportation

ItemSouthportNational avg.Difference
Gasoline $2.63$2.0926.0%
Tire Balancing $51.93$45.2914.7%

Utilities

ItemSouthportNational avg.Difference
All Electricity$179.24$170.804.9%
Phone $19.99$28.2629.3%
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.
Erin, NY38476-24%
Greens Landing, PA83976-24%
Wellsburg, NY55887-13%
Elmira, NY29,04687-13%
Roseville, PA16688-12%
Southport, NY7,14589-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pinson, AL7,14193-7%
Ewa Villages, HI7,14116161%
Riverside, MD7,1501055%
Glenolden, PA7,15011010%
Blandon, PA7,13911414%
Southport, NY7,14589-11%
Source: The Southport, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.