Newburgh 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.
IndexNewburghNew YorkNational
Cost of living index114117100
IndexNewburghNew YorkNational
Goods & Services index123108100
Groceries index110108100
Health care index117101100
Housing index97145100
Transportation index124102100
Utilities index12397100
A general summary of the cost of living index in Newburgh, NY is shown above. Compared to the state average of New York the cost of living index in Newburgh, NY is 114, which is 3% lower than the average in New York and compared to the national average it is 14% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Newburgh, NY goods and services come in at 14% higher than the average in New York and are 23% higher than compared to the nationwide average.
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Did you know?

  • The cost of living in Newburgh is 3% lower than the New York average.
  • The cost of living in Newburgh is 14% higher than the national average.
  • The cost of housing in Newburgh is 3% lower 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 Newburgh, NY Cost of living To Other Cities

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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
      Use the salary calculator to compare your current salary in Newburgh, NY to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Newburgh, NY, then you would need to earn more income in order to maintain the same standard of living. To use the Newburgh, NY salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$73,657$6,138$1,719$2,210
      Renters$25,823$2,152$602$775
      The affordability of the housing market in Newburgh, NY as well as the overall cost of living can be indicated accurately 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 ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Newburgh, NY homeowners, the median income is $73,657. This indicates that a monthly maximum of $1,719 should be spent by homeowners on all housing related costs. Renters have a median income of $25,823. This indicates that renters should have a maximum of $602 used for their rent related monthly costs.

      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 Newburgh, 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

      ItemNewburghNational 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

      ItemNewburghNational 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

      ItemNewburghNational 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

      ItemNewburghNational avg.Difference
      Home Price $165,900.00$184,700.0010.2%
      Avg. Mortgage Payment $2,098.87$1,273.3264.8%
      Apartment Rent $1,094.00$949.0015.3%

      Transportation

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

      Utilities

      ItemNewburghNational 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.
      Maybrook, NY3,1781077%
      Mountain Lodge Park, NY1,7261077%
      Pine Bush, NY1,5021088%
      Harriman, NY2,5561099%
      Poughkeepsie, NY30,51111616%
      Newburgh, NY28,40611414%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Millville, NJ28,3991033%
      Lansing, IL28,36998-2%
      Parkland, FL28,35415252%
      Mililani Town, HI28,46018282%
      Fort Hood, TX28,35085-15%
      Newburgh, NY28,40611414%
      Source: The Newburgh, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.