Baldwin 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.
IndexBaldwinNew YorkNational
Cost of living index147117100
IndexBaldwinNew YorkNational
Goods & Services index136108100
Groceries index142108100
Health care index110101100
Housing index185145100
Transportation index128102100
Utilities index11197100
A general overview of the cost of living index for Baldwin, NY is displayed above. In Baldwin, NY, the overall cost of living index is 147, which is 25% higher than the New York average and 47% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Baldwin, NY, the city's goods and services are 26% higher than the New York average and 36% higher than the U.S. average.
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Did you know?

  • The cost of living in Baldwin is 25% higher than the New York average.
  • The cost of living in Baldwin is 47% higher than the national average.
  • The cost of housing in Baldwin 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.

Compare Baldwin, NY Cost of living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Use the salary calculator to compare your current income in Baldwin, 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 Baldwin, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Baldwin, 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$108,094$9,008$2,522$3,243
      Renters$38,977$3,248$909$1,169
      One can approximate the cost of living and the housing affordability in Baldwin, 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 Baldwin, NY have a median income of $108,094. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,522 per month to avoid calamity and poverty. The renters in the city have an income of about $38,977, which would make their monthly maximum allowable rental costs $909.

      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 Baldwin, 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

      ItemBaldwinNational avg.Difference
      Haircut $23.00$17.4931.5%
      Beauty Salon $60.52$38.1758.5%
      Toothpaste $4.40$2.3289.6%
      Shampoo $1.65$1.0163.1%
      Movie $16.32$10.7252.2%
      Bowling $20.40$13.8647.2%

      Groceries

      ItemBaldwinNational avg.Difference
      Ground Beef $6.45$3.9065.4%
      Fried Chicken $2.44$1.4074.8%
      Milk $2.76$1.9640.7%
      Potatoes $3.24$3.181.8%
      Pizza $12.30$10.3918.3%
      Beer $11.99$9.2329.9%

      Health Care

      ItemBaldwinNational avg.Difference
      Optometrist $108.08$106.341.6%
      Doctor $106.72$115.257.4%
      Dentist $124.43$98.3826.5%
      Ibuprofen $12.90$9.2639.3%
      Lipitor $442.91$466.475.1%

      Housing

      ItemBaldwinNational avg.Difference
      Home Price $356,300.00$184,700.0092.9%
      Avg. Mortgage Payment $7,820.38$1,273.32514.2%
      Apartment Rent $1,566.00$949.0065.0%

      Transportation

      ItemBaldwinNational avg.Difference
      Gasoline $2.81$2.598.4%
      Tire Balancing $80.22$48.9064.1%

      Utilities

      ItemBaldwinNational avg.Difference
      All Electricity$197.50$167.6017.8%
      Phone $186.69$163.4214.2%
      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.
      Wyandanch, NY10,72212626%
      North Amityville, NY20,15012828%
      Hempstead, NY55,45413939%
      Roosevelt, NY16,67514040%
      Freeport, NY43,21714040%
      Baldwin, NY25,07114747%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Chaska, MN25,07811212%
      Maple Valley, WA25,09314242%
      Lockport, IL25,0961044%
      Edwardsville, IL25,04498-2%
      Balch Springs, TX25,04392-8%
      Baldwin, NY25,07114747%
      Source: The Baldwin, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.