Cost of Living in Farmingdale, NY

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F
43%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
119%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Farmingdale New York National
Cost of living143121100
Groceries107106100
Health care108110100
Housing219144100
Transportation110113100
Utilities114112100
Lifestyle & Entertainment109111100
Household Items105106100
Education & Childcare120118100
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Homes For Sale In Farmingdale, NY

property for sale

43 Oak St

Farmingdale, NY
property for sale

6 Sullivan Rd

Farmingdale, NY
property for sale

22 Clifford Dr

Farmingdale, NY
property for sale

126 Washington St

Farmingdale, NY

Cost Of Living Quick Facts

  • The cost of living in Farmingdale is 18% higher than the New York average
  • The cost of living in Farmingdale is 43% higher than the national average
  • Farmingdale housing is 119% higher than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Farmingdale

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$185,493$15,458$4,328$5,565
      Renters$77,145$6,429$1,800$2,315
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Farmingdale, NY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Farmingdale homeowners, is $185,493. This would allow for a maximum of $4,328 per month to be spent on housing costs. For renters, the median monthly income is $77,145 which would result in a maximum of $1,800 to be spent on rental costs.

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Saltaire, NY261109.6%
      Wyandanch, NY11,92512525.1%
      Central Islip, NY34,52612828.1%
      Brentwood, NY64,44812929.5%
      North Bay Shore, NY20,19813029.6%
      Farmingdale, NY9,15814342.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Glenwood, IL9,1581000.3%
      Mahopac, NY9,15813433.9%
      Georgetown, SC9,156955.3%
      New Windsor, NY9,16211515.5%
      Canonsburg, PA9,162936.7%
      Farmingdale, NY9,15814342.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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