Williamsville 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.
IndexWilliamsvilleNew YorkNational
Cost of living index93122100
IndexWilliamsvilleNew YorkNational
Goods & Services index85112100
Groceries index88103100
Health care index89104100
Housing index93149100
Transportation index117122100
Utilities index101102100
Displayed above is a general overview of the Williamsville, NY cost of living index. The overall cost of living index in Williamsville, NY is 93, which is 24% lower than the New York average and 7% lower 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 Williamsville, NY are 24% lower than the New York average and 15% lower than the national average.

Did you know?

  • The cost of living in Williamsville is 24% lower than the New York average.
  • The cost of living in Williamsville is 7% lower than the national average.
  • The cost of housing in Williamsville is 7% 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.

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Salary Calculator

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The salary calculator allows you to compare how much your current salary in Williamsville, NY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Williamsville, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Williamsville, NY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$76,157$6,346$1,777$2,285
Renters$49,856$4,155$1,163$1,496
One can approximate the cost of living and the housing affordability in Williamsville, 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 Williamsville, NY have a median income of $76,157. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,777 per month to avoid calamity and poverty. The renters in the city have an income of about $49,856, which would make their monthly maximum allowable rental costs $1,163.

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%
One thing to keep in mind when considering the cost of living in Williamsville, NY is the New York sales tax and New York income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New York sales tax rate is 4% and the maximum surtax that can be charged is 8.875%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemWilliamsvilleNational avg.Difference
Haircut $14.78$14.591.3%
Beauty Salon $24.99$34.6827.9%
Toothpaste $1.49$2.4739.8%
Shampoo $0.87$1.0214.9%
Movie $10.62$9.877.6%
Bowling $2.90$4.3934.0%

Groceries

ItemWilliamsvilleNational avg.Difference
Ground Beef $3.74$4.4816.5%
Fried Chicken $1.14$1.4622.1%
Milk $1.82$2.3622.8%
Potatoes $2.19$3.0628.5%
Pizza $8.00$9.2413.4%
Beer $7.73$8.6310.5%

Health Care

ItemWilliamsvilleNational avg.Difference
Optometrist $55.25$99.7844.6%
Doctor $80.50$105.0323.4%
Dentist $78.80$88.7011.2%
Ibuprofen $7.98$9.4115.2%
Lipitor $335.79$298.5012.5%

Housing

ItemWilliamsvilleNational avg.Difference
Home Price $162,900.00$175,700.007.3%
Avg. Mortgage Payment $1,155.06$1,081.036.8%
Apartment Rent $864.00$920.006.1%

Transportation

ItemWilliamsvilleNational avg.Difference
Gasoline $2.74$2.0931.2%
Tire Balancing $35.11$45.2922.5%

Utilities

ItemWilliamsvilleNational avg.Difference
All Electricity$177.83$170.804.1%
Phone $27.50$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.
Niagara Falls, NY49,67979-21%
Buffalo, NY259,95980-20%
South Lockport, NY8,25580-20%
Sloan, NY3,64280-20%
Lackawanna, NY18,03781-19%
Williamsville, NY5,28693-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Northwood, OH5,28590-10%
Tipton, IN5,28883-17%
Montevideo, MN5,28389-11%
Vail, CO5,28015353%
Lake Wildwood, CA5,29314646%
Williamsville, NY5,28693-7%
Source: The Williamsville, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.