Cost of Living in Shelter Island, NY

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F
119%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
378%
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 Shelter Island New York National
Cost of living219121100
Groceries107106100
Health care109110100
Housing478144100
Transportation105113100
Utilities107112100
Lifestyle & Entertainment110111100
Household Items103106100
Education & Childcare113118100
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Homes For Sale In Shelter Island, NY

property for sale

11 Sunnyside Ave

Shelter Island Heights, NY
property for sale

9 Locust

Shelter Island, NY
property for sale

14 Freds Ln

Shelter Island, NY
property for sale

12 Terry DR

Shelter Island, NY

Cost Of Living Quick Facts

  • The cost of living in Shelter Island is 81% higher than the New York average
  • The cost of living in Shelter Island is 119% higher than the national average
  • Shelter Island housing is 378% 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 Shelter Island

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Compare Shelter Island, NY Cost of Living

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$187,307$15,609$4,370$5,620
      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Fishers Island, NY631077.4%
      Dering Harbor, NY011010.2%
      Flanders, NY5,27713130.7%
      Greenport, NY2,11315151.3%
      Mattituck, NY5,01715252.1%
      Shelter Island, NY2,020219118.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Waldport, OR2,0201088.3%
      Maple Creek, SK2,020n/a 
      Cienega Springs, AZ2,021972.6%
      Gila Bend, AZ2,0199010.1%
      Mackinaw, IL2,019927.5%
      Shelter Island, NY2,020219118.6%
      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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