Cost Of Living in Malverne Park Oaks, NY

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F

41%

Overall NAT. AVG.

20%

Goods & Services NAT. AVG.

97%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Malverne Park Oaks	New York	National
Cost of living	141	118	100
Goods & Services	120	108	100
Groceries	108	102	100
Health care	130	111	100
Housing	197	144	100
Transportation	100	107	100
Utilities	129	101	100

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Homes For Sale In Malverne Park Oaks, NY

15 Seeley Ct

Malverne, NY

Cost Of Living Quick Facts

The cost of living in Malverne Park Oaks is 20% higher than the New York average
The cost of living in Malverne Park Oaks is 41% higher than the national average
Malverne Park Oaks housing is 97% 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

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$180,950	$15,079	$4,222	$5,429
Renters	$0	$0	$0	$0

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%

Goods & Services

Item	Malverne Park Oaks	National avg.	Difference
Haircut	$35.58	$27.62	28.8%
Beauty Salon	$77.98	$51.11	52.6%
Toothpaste	$3.98	$4.09	2.8%
Shampoo	$1.75	$1.54	13.5%
Movie	$18.17	$12.88	41.1%
Yoga	$32.45	$19.66	65.0%

Groceries

Item	Malverne Park Oaks	National avg.	Difference
Ground Beef	$7.15	$7.70	7.2%
Fried Chicken	$1.54	$1.66	7.4%
Milk	$5.20	$4.73	9.9%
Potatoes	$5.64	$5.26	7.3%
Pizza	$13.65	$12.76	7.0%
Beer	$10.84	$10.55	2.8%

Health Care

Item	Malverne Park Oaks	National avg.	Difference
Optometrist	$173.75	$140.06	24.1%
Doctor	$292.23	$153.82	90.0%
Dentist	$142.76	$123.15	15.9%
Ibuprofen	$12.11	$11.73	3.2%
Lipitor	$21.15	$23.61	10.4%

Housing

Item	Malverne Park Oaks	National avg.	Difference
Home Price	$644,280.00	$326,622.00	97.3%
Avg. Mortgage Payment	$5,693.50	$2,480.25	129.6%
Apartment Rent	$0.00	$1,444.00	100.0%

Transportation

Item	Malverne Park Oaks	National avg.	Difference
Gasoline	$3.03	$3.06	0.8%
Tire Balancing	$65.87	$65.21	1.0%

Utilities

Item	Malverne Park Oaks	National avg.	Difference
All Electricity	$319.28	$220.12	45.0%
Phone	$201.32	$195.71	2.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Hempstead, NY	56,908	135	35.5%
North Lindenhurst, NY	11,096	136	35.9%
Copiague, NY	23,901	136	36.4%
Roslyn, NY	2,998	137	37.1%
North Amityville, NY	19,627	138	37.6%
Malverne Park Oaks, NY	547	141	40.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fort Green Springs, FL	547	82	18.4%
Crawfordville, GA	547	84	15.8%
Collegeville, IN	547	99	1.5%
Hartland, ME	547	90	10.0%
Ottertail, MN	547	103	2.8%
Malverne Park Oaks, NY	547	141	40.8%