West Babylon 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.
IndexWest BabylonNew YorkNational
Cost of living index141122100
IndexWest BabylonNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index185149100
Transportation index100122100
Utilities index132102100
An overview of the general cost of living index for West Babylon, NY is displayed above for your reference. Residents in West Babylon, NY enjoy a cost of living index of 141. This index is 15% higher than the New York average, and 41% 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 West Babylon, NY, the average cost of goods and services is 12% higher than it is in New York, and it is 26% higher than the national average.

Did you know?

  • The cost of living in West Babylon is 15% higher than the New York average.
  • The cost of living in West Babylon is 41% higher than the national average.
  • The cost of housing in West Babylon is 85% 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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Compare West Babylon, NY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in West Babylon, 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 West Babylon, NY, then you would need to earn more income in order to maintain the same standard of living. To use the West Babylon, 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$95,123$7,927$2,219$2,854
Renters$50,830$4,236$1,186$1,525
The affordability of the housing market in West Babylon, NY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among West Babylon, NY homeowners, the median income is $95,123. This indicates that a monthly maximum of $2,219 should be spent by homeowners on all housing related costs. Renters have a median income of $50,830. This indicates that renters should have a maximum of $1,186 used for their rent related monthly 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%
The New York sales tax and New York income tax rates should definitely be considered when determining the overall cost of living in West Babylon, NY. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New York sales tax is 4% and the maximum surtax is 8.875%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemWest BabylonNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $67.50$34.6894.6%
Toothpaste $4.04$2.4763.3%
Shampoo $0.88$1.0213.9%
Movie $14.75$9.8749.5%
Bowling $7.94$4.3980.8%

Groceries

ItemWest BabylonNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.04$1.4629.0%
Milk $2.26$2.364.1%
Potatoes $3.92$3.0628.0%
Pizza $10.00$9.248.2%
Beer $9.82$8.6313.8%

Health Care

ItemWest BabylonNational avg.Difference
Optometrist $111.67$99.7811.9%
Doctor $123.75$105.0317.8%
Dentist $110.00$88.7024.0%
Ibuprofen $10.33$9.419.8%
Lipitor $299.00$298.500.2%

Housing

ItemWest BabylonNational avg.Difference
Home Price $338,500.00$175,700.0092.7%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,529.00$920.0066.2%

Transportation

ItemWest BabylonNational avg.Difference
Gasoline $2.06$2.091.5%
Tire Balancing $47.99$45.296.0%

Utilities

ItemWest BabylonNational avg.Difference
All Electricity$262.56$170.8053.7%
Phone $29.01$28.262.7%
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.
Central Islip, NY36,23313131%
Brentwood, NY59,43613131%
Baywood, NY7,68113232%
North Amityville, NY19,60813232%
North Bay Shore, NY19,99513232%
West Babylon, NY43,72514141%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arlington, MA43,72816363%
Littleton, CO43,71011212%
Attleboro, MA43,77412626%
Newark, CA43,63515353%
York, PA43,81789-11%
West Babylon, NY43,72514141%
Source: The West Babylon, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.