Suffern 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.
IndexSuffernNew YorkNational
Cost of living index128122100
IndexSuffernNew YorkNational
Goods & Services index115112100
Groceries index106103100
Health care index107104100
Housing index171149100
Transportation index111122100
Utilities index98102100
Displayed above is a general overview of the Suffern, NY cost of living index. The overall cost of living index in Suffern, NY is 128, which is 5% higher than the New York average and 28% 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 Suffern, NY are 3% higher than the New York average and 15% higher than the national average.

Did you know?

  • The cost of living in Suffern is 5% higher than the New York average.
  • The cost of living in Suffern is 28% higher than the national average.
  • The cost of housing in Suffern is 71% 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

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The salary calculator is meant to help you compare your salary in Suffern, 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 Suffern, NY, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Suffern, 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$90,880$7,573$2,120$2,727
Renters$54,461$4,538$1,271$1,634
One can approximate the cost of living and the housing affordability in Suffern, NY by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Suffern, NY have a median income of $90,880. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,120 per month to avoid calamity and poverty. The renters in the city have an income of about $54,461, which would make their monthly maximum allowable rental costs $1,271.

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%
When you are determining the total cost of living in Suffern, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

ItemSuffernNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $33.75$34.682.7%
Toothpaste $2.29$2.477.4%
Shampoo $1.00$1.022.2%
Movie $11.70$9.8718.6%
Bowling $4.55$4.393.6%

Groceries

ItemSuffernNational avg.Difference
Ground Beef $4.39$4.481.9%
Fried Chicken $1.99$1.4635.9%
Milk $2.77$2.3617.5%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $9.19$8.636.5%

Health Care

ItemSuffernNational avg.Difference
Optometrist $91.25$99.788.5%
Doctor $90.00$105.0314.3%
Dentist $107.25$88.7020.9%
Ibuprofen $9.49$9.410.8%
Lipitor $341.01$298.5014.2%

Housing

ItemSuffernNational avg.Difference
Home Price $306,700.00$175,700.0074.6%
Avg. Mortgage Payment $1,790.20$1,081.0365.6%
Apartment Rent $1,500.00$920.0063.0%

Transportation

ItemSuffernNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $59.16$45.2930.6%

Utilities

ItemSuffernNational avg.Difference
All Electricity$159.41$170.806.7%
Phone $29.75$28.265.3%
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.
Harriman, NY2,77112525%
Paterson, NJ146,34111919%
Mount Ivy, NY6,92612828%
Haledon, NJ8,39712121%
Warwick, NY6,78312121%
Suffern, NY10,86412828%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Coldwater, MI10,86380-20%
Van Wert, OH10,85987-13%
Totowa, NJ10,87213636%
Waxhaw, NC10,87811111%
Chino Valley, AZ10,87992-8%
Suffern, NY10,86412828%
Source: The Suffern, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.