West Hempstead 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 HempsteadNew YorkNational
Cost of living index160122100
IndexWest HempsteadNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index209149100
Transportation index138122100
Utilities index133102100
Displayed above is a general overview of the West Hempstead, NY cost of living index. The overall cost of living index in West Hempstead, NY is 160, which is 31% higher than the New York average and 60% 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 West Hempstead, NY are 34% higher than the New York average and 51% higher than the national average.

Did you know?

  • The cost of living in West Hempstead is 31% higher than the New York average.
  • The cost of living in West Hempstead is 60% higher than the national average.
  • The cost of housing in West Hempstead is 109% 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 Hempstead, NY Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in West Hempstead, NY to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of West Hempstead, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the West Hempstead, NY salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$105,881$8,823$2,470$3,177
Renters$49,879$4,157$1,164$1,497
The affordability of the housing market in West Hempstead, 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 Hempstead, NY homeowners, the median income is $105,881. This indicates that a monthly maximum of $2,470 should be spent by homeowners on all housing related costs. Renters have a median income of $49,879. This indicates that renters should have a maximum of $1,164 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%
For those who live in West Hempstead, NY and want to know what the true cost of living is, they ought to look at both the New York income tax rate and the New York sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In New York, the sales tax is 4%, while the most you'll pay in surtax is 8.875%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in New York, the income tax rate ranges between 4% to 8.82%.

Goods & Services

ItemWest HempsteadNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemWest HempsteadNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemWest HempsteadNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemWest HempsteadNational avg.Difference
Home Price $397,700.00$175,700.00126.4%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,558.00$920.0069.3%

Transportation

ItemWest HempsteadNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemWest HempsteadNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
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.
North Amityville, NY19,60813232%
Wyandanch, NY11,18713333%
Roosevelt, NY16,55414747%
Uniondale, NY24,78714747%
New Cassel, NY13,98813636%
West Hempstead, NY18,80116060%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glassboro, NJ18,79811414%
Mokena, IL18,80411313%
Orange, TX18,81084-16%
White Oak, OH18,81489-11%
Twinsburg, OH18,7841033%
West Hempstead, NY18,80116060%
Source: The West Hempstead, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.