Water Mill, NY Cost Of Living

Water Mill 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.
Index	Water Mill	New York	National
Cost of living index	312	119	100
Index	Water Mill	New York	National
Goods & Services index	121	109	100
Groceries index	104	108	100
Health care index	114	99	100
Housing index	778	145	100
Transportation index	107	108	100
Utilities index	102	102	100

Did you know?

The cost of living in Water Mill is 163% higher than the New York average.
The cost of living in Water Mill is 212% higher than the national average.
The cost of housing in Water Mill is 678% 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.

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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	$129,265	$10,772	$3,016	$3,878
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%	8.82%

Goods & Services

Item	Water Mill	National avg.	Difference
Haircut	$19.99	$16.09	24.3%
Beauty Salon	$55.01	$37.33	47.4%
Toothpaste	$1.98	$2.45	19.3%
Shampoo	$0.91	$1.00	9.2%
Movie	$11.97	$10.28	16.4%
Bowling	$7.26	$4.93	47.2%

Groceries

Item	Water Mill	National avg.	Difference
Ground Beef	$3.85	$3.80	1.1%
Fried Chicken	$1.55	$1.40	10.8%
Milk	$2.07	$2.01	2.9%
Potatoes	$3.93	$3.01	30.6%
Pizza	$10.96	$9.89	10.8%
Beer	$9.96	$8.90	12.0%

Health Care

Item	Water Mill	National avg.	Difference
Optometrist	$119.32	$102.16	16.8%
Doctor	$130.03	$108.36	20.0%
Dentist	$114.44	$92.53	23.7%
Ibuprofen	$8.30	$9.28	10.5%
Lipitor	$422.42	$425.82	0.8%

Housing

Item	Water Mill	National avg.	Difference
Home Price	$1,833,300.00	$184,700.00	892.6%
Avg. Mortgage Payment	$1,420.90	$1,202.44	18.2%
Apartment Rent	$2,640.00	$949.00	178.2%

Transportation

Item	Water Mill	National avg.	Difference
Gasoline	$2.38	$2.24	6.2%
Tire Balancing	$49.88	$46.29	7.7%

Utilities

Item	Water Mill	National avg.	Difference
All Electricity	$197.95	$165.96	19.3%
Phone	$23.90	$28.68	16.7%

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, State	Population	Cost of Living Index	National Avg.
Dering Harbor, NY	5	113	13%
Northville village, NY	1,018	103	3%
Flanders, NY	5,125	129	29%
Jamesport, NY	1,040	135	35%
Aquebogue, NY	1,885	138	38%
Water Mill, NY	2,349	312	212%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Fairmont City, IL	2,349	83	-17%
Junction City, KY	2,349	83	-17%
Arnold Line, MS	2,349	85	-15%
Putney, GA	2,350	85	-15%
New Ellenton, SC	2,350	84	-16%
Water Mill, NY	2,349	312	212%

Source: The Water Mill, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Water Mill, NY Cost of Living