Stamford 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.
IndexStamfordNew YorkNational
Cost of living index98122100
IndexStamfordNew YorkNational
Goods & Services index118112100
Groceries index99103100
Health care index101104100
Housing index69149100
Transportation index115122100
Utilities index96102100

Did you know?

  • The cost of living in Stamford is 20% lower than the New York average.
  • The cost of living in Stamford is 2% lower than the national average.
  • The cost of housing in Stamford is 31% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$49,375$4,115$1,152$1,481
Renters$16,750$1,396$391$503

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%

Goods & Services

ItemStamfordNational 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

ItemStamfordNational 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

ItemStamfordNational 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

ItemStamfordNational avg.Difference
Home Price $128,500.00$175,700.0026.9%
Avg. Mortgage Payment $1,315.97$1,081.0321.7%
Apartment Rent $561.00$920.0039.0%

Transportation

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

Utilities

ItemStamfordNational 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.
Davenport Center, NY40591-9%
Bloomville, NY20593-7%
Prattsville, NY27994-6%
Schenevus, NY36197-3%
Hobart, NY51597-3%
Stamford, NY1,30398-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Jonesville, VA1,30384-16%
Carnuel, NM1,30392-8%
Foreman, AR1,30384-16%
Waldo, AR1,30381-19%
Olinda, HI1,302216116%
Stamford, NY1,30398-2%
Source: The Stamford, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.