Cost of Living in Larchmont, NY

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F
133%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
416%
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 Larchmont New York National
Cost of living233121100
Groceries107106100
Health care108110100
Housing516144100
Transportation115113100
Utilities112112100
Lifestyle & Entertainment111111100
Household Items108106100
Education & Childcare125118100
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Homes For Sale In Larchmont, NY

property for sale

199 Hickory Grove Dr E

Larchmont, NY
property for sale

9 Bishop Pl

Larchmont, NY
property for sale

30 Kilmer Rd

Larchmont, NY
property for sale

15 Bishop Pl

Larchmont, NY

Cost Of Living Quick Facts

  • The cost of living in Larchmont is 93% higher than the New York average
  • The cost of living in Larchmont is 133% higher than the national average
  • Larchmont housing is 416% 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 Larchmont

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      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$338,755$28,230$7,904$10,164
      Renters$131,098$10,925$3,059$3,933
      The affordability of the housing market in Larchmont, NY as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Larchmont homeowners, the median income is $338,755. This indicates that a monthly maximum of $7,904 should be spent by homeowners on all housing related costs. Renters have a median income of $131,098. This indicates that renters would have a maximum of $3,059 for their rent related monthly 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.
      Greenville CDP (Greene County), NY6161066.1%
      Guttenberg, NJ11,55712928.6%
      West New York, NJ54,66413030.2%
      Bogota, NJ8,59213030.3%
      Union City, NJ70,74313231.8%
      Larchmont, NY6,304233132.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Clarenville, NL6,303n/a 
      Colusa, CA6,30511817.8%
      Junction City, OR6,30511110.6%
      Yaphank, NY6,30213535.5%
      Newberry, FL6,3061055.5%
      Larchmont, NY6,304233132.9%
      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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