Cost of Living in Locust Valley, NY

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F
70%
Overall NAT. AVG.
8%
Groceries NAT. AVG.
209%
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 Locust Valley New York National
Cost of living170121100
Groceries108106100
Health care107110100
Housing309144100
Transportation114113100
Utilities110112100
Lifestyle & Entertainment110111100
Household Items107106100
Education & Childcare113118100
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Homes For Sale In Locust Valley, NY

property for sale

41 High St

Locust Valley, NY
property for sale

28 Cross St

Locust Valley, NY
property for sale

285 Piping Rock Rd

Locust Valley, NY
property for sale

530 Chicken Valley Rd

Locust Valley, NY

Cost Of Living Quick Facts

  • The cost of living in Locust Valley is 41% higher than the New York average
  • The cost of living in Locust Valley is 70% higher than the national average
  • Locust Valley housing is 209% 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 Locust Valley

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Compare Locust Valley, NY Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$259,132$21,594$6,046$7,775
      Renters$80,867$6,739$1,887$2,426

      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%
      Wyandanch, NY11,92512525.1%
      Hempstead, NY56,90813130.5%
      North Lindenhurst, NY11,09613130.8%
      Hartsdale, NY3,30813433.7%
      Locust Valley, NY3,59717069.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
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      East Angus, QC3,595n/a 
      Marianna, AR3,5997920.7%
      Red Bud, IL3,599927.6%
      Locust Valley, NY3,59717069.6%
      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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