Cost Of Living in Lake Erie Beach, NY

Get 300+ Local Insights for Any Address in Lake Erie Beach, NY

Get Access to 300+ Local Data Points

A+

3%

Overall NAT. AVG.

8%

Groceries NAT. AVG.

36%

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	Lake Erie Beach	New York	National
Cost of living	97	121	100
Groceries	108	106	100
Health care	109	110	100
Housing	64	144	100
Transportation	116	113	100
Utilities	113	112	100
Lifestyle & Entertainment	113	111	100
Household Items	107	106	100
Education & Childcare	121	118	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In Lake Erie Beach, NY

V/l Ellicott St

Lake Erie Beach, NY

Dawn Ave

Evans, NY

9611 Quebec St

Angola, NY

Argyle Ave

Angola, NY

Cost Of Living Quick Facts

The cost of living in Lake Erie Beach is 19% lower than the New York average
The cost of living in Lake Erie Beach is 3% lower than the national average
Lake Erie Beach housing is 36% lower 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 Lake Erie Beach

See all the best places to live around Lake Erie Beach

Compare Lake Erie Beach, NY Cost of Living

Write a review to give others more information about this area.

See all Lake Erie Beach poll results

The best places in New York

Here are the best places to live in New York

These are the largest cities in New York

Safest States In The US

These are the 10 cheapest cities in New York

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

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	$86,667	$7,222	$2,022	$2,600
Renters	$0	$0	$0	$0

A good way to judge both the affordability of the housing and the cost of living in Lake Erie Beach is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Lake Erie Beach has a median income of about $86,667 for people who own homes. Based on that number, a maximum of $2,022 should be spent on expenses related to housing. Renters have a slightly different median income, which is $0. Based on this average, renters should spend no more than $0 on all rental costs if they want to maintain a non-impoverished standard of living.

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.
Gowanda, NY	2,945	91	8.7%
Dunkirk, NY	12,215	93	6.7%
Perrysburg, NY	448	94	6.3%
North Collins, NY	1,217	94	6.2%
Sunset Bay, NY	445	96	3.7%
Lake Erie Beach, NY	3,454	97	2.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Manila, AR	3,453	88	12.5%
Turnersville, NJ	3,455	129	28.7%
Virden, MB	3,455	n/a
Ossian, IN	3,452	90	10.4%
Eastlawn Gardens, PA	3,452	112	12.0%
Lake Erie Beach, NY	3,454	97	2.5%