Village Green 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.
IndexVillage GreenNew YorkNational
Cost of living index89120100
IndexVillage GreenNew YorkNational
Goods & Services index100110100
Groceries index105105100
Health care index10099100
Housing index64149100
Transportation index109111100
Utilities index79102100
A general summary of the cost of living index in Village Green, NY is shown above. Compared to the state average of New York the cost of living index in Village Green, NY is 89, which is 26% lower than the average in New York and compared to the national average it is 11% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Village Green, NY goods and services come in at 9% lower than the average in New York and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Village Green is 26% lower than the New York average.
  • The cost of living in Village Green is 11% lower than the national average.
  • The cost of housing in Village Green is 36% 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.

Find Real Estate Listings In Village Green

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Village Green

Compare Village Green, 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 Village Green, 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 Village Green, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Village Green, 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$54,665$4,555$1,275$1,640
Renters$38,472$3,206$898$1,154
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Village Green, NY as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Village Green, NY homeowners, is $54,665. This would allow for a maximum of $1,275 per month to be spent on housing costs. For renters, the median monthly income is $38,472 which would result in a maximum of $898 to be spent on rental costs.

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 assessing the complete cost of living in Village Green, NY, the New York income tax and the New York sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New York maximum surtax is 8.875%, and the New York sales tax is 4%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4% to 8.82% in New York.

Goods & Services

ItemVillage GreenNational avg.Difference
Haircut $15.67$15.560.7%
Beauty Salon $38.39$36.116.3%
Toothpaste $2.27$2.478.1%
Shampoo $1.15$0.9619.2%
Movie $12.75$10.1325.9%
Bowling $4.50$4.745.0%

Groceries

ItemVillage GreenNational avg.Difference
Ground Beef $4.19$3.985.2%
Fried Chicken $1.36$1.413.1%
Milk $2.09$2.061.1%
Potatoes $3.18$2.986.5%
Pizza $10.82$9.4714.3%
Beer $8.47$8.793.7%

Health Care

ItemVillage GreenNational avg.Difference
Optometrist $110.00$101.048.9%
Doctor $124.00$107.4415.4%
Dentist $79.67$90.4211.9%
Ibuprofen $9.80$9.285.6%
Lipitor $417.18$426.502.2%

Housing

ItemVillage GreenNational avg.Difference
Home Price $91,700.00$175,700.0047.8%
Avg. Mortgage Payment $1,237.17$1,133.239.2%
Apartment Rent $843.00$920.008.4%

Transportation

ItemVillage GreenNational avg.Difference
Gasoline $2.20$1.9910.2%
Tire Balancing $48.49$45.766.0%

Utilities

ItemVillage GreenNational avg.Difference
All Electricity$140.56$163.8114.2%
Phone $19.99$28.3929.6%
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.
Sand Ridge, NY84583-17%
Seneca Knolls, NY1,93684-16%
Fulton, NY11,78685-15%
Cato, NY66587-13%
Phoenix, NY2,49790-10%
Village Green, NY3,72289-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
South Toms River, NJ3,72211515%
Bardonia, NY3,72114242%
Clyde, TX3,72384-16%
Newport, SC3,724100-0%
Hardin, MT3,72087-13%
Village Green, NY3,72289-11%
Source: The Village Green, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.