Mamaroneck cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMamaroneckNew YorkNational
Cost of living index168117100
IndexMamaroneckNew YorkNational
Goods & Services index123108100
Groceries index110108100
Health care index117101100
Housing index279145100
Transportation index124102100
Utilities index12397100
Here we can see a simple outline of the cost of living in Mamaroneck, NY. As you can see, with the average cost of living in Mamaroneck, NY being 168, that puts it 43% higher than the average of New York and 68% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Mamaroneck, NY, the price of goods and services are 14% higher than the average of New York as well as 23% higher than the nation's average.
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Did you know?

  • The cost of living in Mamaroneck is 43% higher than the New York average.
  • The cost of living in Mamaroneck is 68% higher than the national average.
  • The cost of housing in Mamaroneck is 179% higher than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

Compare Mamaroneck, NY Cost of living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Use the salary calculator to compare your current income in Mamaroneck, NY to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Mamaroneck, NY, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Mamaroneck, NY salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$119,531$9,961$2,789$3,586
      Renters$54,312$4,526$1,267$1,630
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Mamaroneck, NY, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Mamaroneck, NY homeowners have a median income of $119,531. Using that number, you will come up with a maximum of $2,789 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $54,312, which means there is a maximum of $1,267 to be spent on the costs of renting a home or apartment.

      New York Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New York4%8.875%

      New York Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New York4%8.82%
      One thing to keep in mind when considering the cost of living in Mamaroneck, NY is the New York sales tax and New York income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New York sales tax rate is 4% and the maximum surtax that can be charged is 8.875%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New York income tax rates range from 4% to 8.82%.

      Goods & Services

      ItemMamaroneckNational avg.Difference
      Haircut $30.60$17.4975.0%
      Beauty Salon $59.00$38.1754.6%
      Toothpaste $2.05$2.3211.7%
      Shampoo $0.96$1.015.1%
      Movie $13.90$10.7229.6%
      Bowling $17.00$13.8622.6%

      Groceries

      ItemMamaroneckNational avg.Difference
      Ground Beef $4.57$3.9017.2%
      Fried Chicken $1.89$1.4035.4%
      Milk $2.15$1.969.6%
      Potatoes $3.99$3.1825.4%
      Pizza $9.39$10.399.7%
      Beer $9.89$9.237.2%

      Health Care

      ItemMamaroneckNational avg.Difference
      Optometrist $133.00$106.3425.1%
      Doctor $128.00$115.2511.1%
      Dentist $131.00$98.3833.2%
      Ibuprofen $7.95$9.2614.2%
      Lipitor $511.40$466.479.6%

      Housing

      ItemMamaroneckNational avg.Difference
      Home Price $591,700.00$184,700.00220.4%
      Avg. Mortgage Payment $2,098.87$1,273.3264.8%
      Apartment Rent $1,718.00$949.0081.0%

      Transportation

      ItemMamaroneckNational avg.Difference
      Gasoline $2.98$2.5914.9%
      Tire Balancing $69.96$48.9043.1%

      Utilities

      ItemMamaroneckNational avg.Difference
      All Electricity$242.33$167.6044.6%
      Phone $174.02$163.426.5%
      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, StatePopulationCost of Living IndexNational Avg.
      Greenville CDP (Greene County), NY6041055%
      Guttenberg, NJ11,62813636%
      Hartsdale, NY5,41413131%
      West New York, NJ52,40714040%
      New Cassel, NY13,92213434%
      Mamaroneck, NY19,26316868%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Broadview Heights, OH19,2571044%
      Pinecrest, FL19,27218080%
      Homewood, IL19,28099-1%
      Angleton, TX19,24589-11%
      Syosset, NY19,23217878%
      Mamaroneck, NY19,26316868%
      Source: The Mamaroneck, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.