West Bay Shore 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 Bay ShoreNew YorkNational
Cost of living index153122100
IndexWest Bay ShoreNew YorkNational
Goods & Services index126112100
Groceries index122103100
Health care index115104100
Housing index227149100
Transportation index100122100
Utilities index132102100
The above illustration supplies generalized information for the West Bay Shore, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in West Bay Shore, NY is 153, which is 26% higher than the New York average and 53% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in West Bay Shore, NY are 12% higher than the average for New York and 26% higher than the rest of the country.

Did you know?

  • The cost of living in West Bay Shore is 26% higher than the New York average.
  • The cost of living in West Bay Shore is 53% higher than the national average.
  • The cost of housing in West Bay Shore is 127% 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 Bay Shore, NY Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in West Bay Shore, NY to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to West Bay Shore, NY, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the West Bay Shore, NY salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$107,663$8,972$2,512$3,230
Renters$67,083$5,590$1,565$2,013
The affordability of the housing market in West Bay Shore, 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 Bay Shore, NY homeowners, the median income is $107,663. This indicates that a monthly maximum of $2,512 should be spent by homeowners on all housing related costs. Renters have a median income of $67,083. This indicates that renters should have a maximum of $1,565 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%
When assessing the complete cost of living in West Bay Shore, 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

ItemWest Bay ShoreNational 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 Bay ShoreNational 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 Bay ShoreNational 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 Bay ShoreNational avg.Difference
Home Price $406,500.00$175,700.00131.4%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $2,000.00$920.00117.4%

Transportation

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

Utilities

ItemWest Bay ShoreNational 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 Bay Shore, NY4,57115353%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Redland, AL4,5711066%
Eaton, CO4,5701044%
Bridgeport, PA4,57311414%
Morada, CA4,57314242%
North Windham, ME4,57311313%
West Bay Shore, NY4,57115353%
Source: The West Bay Shore, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.