| Index | Islip | New York | National |
| Cost of living | 139 | 121 | 100 |
| Groceries | 103 | 106 | 100 |
| Health care | 110 | 110 | 100 |
| Housing | 209 | 144 | 100 |
| Transportation | 115 | 113 | 100 |
| Utilities | 112 | 112 | 100 |
| Lifestyle & Entertainment | 107 | 111 | 100 |
| Household Items | 108 | 106 | 100 |
| Education & Childcare | 116 | 118 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Islip? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Islip stands at 139, making it 39% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you're in pursuit of an economical living environment, Islip may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Islip falls within this bracket.
Housing costs are a major factor in the Islip cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 109.2% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is Islip an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Islip, the median home price is 118.6% higher than what most folks pay across the country, and monthly rent prices are 87.2% higher than the usual rates. Income levels in Islip come in at $164,412, which is 102.1% higher than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Islip, the utilities index registers at 11.5% higher than the national average.
Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Islip, the groceries index is 3.3% higher than the national average.
The Islip cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $176,930 | $14,744 | $4,128 | $5,308 |
| Renters | $78,705 | $6,559 | $1,836 | $2,361 |
| State | General Sales Tax | With Max Surtax |
| New York | 4% | 8.875% |
| State | Income Tax (Low) | Income Tax (High) |
| New York | 4% | 10.9% |
| City | Population | Cost of Living Index | National Avg. |
| Stony Brook University, NY | 8,775 | 110 | 9.6% |
| Ocean Beach, NY | 32 | 110 | 9.6% |
| Saltaire, NY | 26 | 110 | 9.6% |
| Middle Island, NY | 11,454 | 124 | 23.6% |
| Wyandanch, NY | 11,925 | 125 | 25.1% |
| Islip, NY | 17,559 | 139 | 39.5% |
| City | Population | Cost of Living Index | National Avg. |
| East Cleveland, OH | 17,563 | 80 | 20.2% |
| Wayne, MI | 17,566 | 87 | 12.7% |
| Poplar Bluff, MO | 17,570 | 86 | 14.1% |
| Springfield, TN | 17,576 | 94 | 5.9% |
| Massapequa Park, NY | 17,537 | 156 | 56.3% |
| Islip, NY | 17,559 | 139 | 39.5% |
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