Babylon, NY Cost Of Living
Cost Of Living In Babylon, NY Summary
Cost of living in Babylon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Babylon is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Babylon is 151, with 100 being the average.
The cost of living index in Babylon is 1.5x higher than the national average.
Babylon ranks as the #246 cheapest in New York out of 340.
Babylon ranks as the #5,861 cheapest out of 6,412 in the US.
The median home value in Babylon is $524,900.
The median income in Babylon is $135,974.
Table Of Contents
Babylon's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Babylon, NY?
According to the most recent data on the cost of living, Babylon has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.
Compared to New York, Babylon has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Babylon ranks as #246 most affordable out of the 340 places we measured in New York. By definition, that implies Babylon ranks as the #94 most expensive place in the Empire State.
For more reading on life in Babylon, check out:
- Living In Babylon
- Search Homes For Sale In Babylon, NY
In New York
In America
Babylon Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Babylon. Here is how it fairs on each of the criteria:
The Services index in Babylon is 123.
The Groceries index in Babylon is 108.
The Health index in Babylon is 118.
The Housing index in Babylon is 222.
The Transportation index in Babylon is 116.
The Utilities index in Babylon is 133.
| Living Expense | Babylon | New York | National Average | |
|---|---|---|---|---|
| Overall | 151 | 126 | 100 | |
| Services | 123 | 110 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 118 | 105 | 100 | |
| Housing | 222 | 175 | 100 | |
| Transportation | 116 | 107 | 100 | |
| Utilities | 133 | 102 | 100 | |
Babylon, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Babylon is $524,900.
The Median Rent in Babylon is $2,202.
The Median Income in Babylon is $135,974.
The Home Value To Income in Babylon is 3.9x.
The Rent To Monthly Income in Babylon is 0.19x.
| Statistic | Babylon | New York | United States |
|---|---|---|---|
| Median Home Value | $524,900 | $340,600 | $244,900 |
| Median Rent | $2,202 | $1,390 | $1,163 |
| Median Income | $135,974 | $75,157 | $69,021 |
| Home Value To Income | 3.9x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Babylon, NY Costs By Category
Detailed Babylon Services Costs Vs. New York
Detailed Babylon Groceries Costs Vs. New York
Detailed Babylon Health Costs Vs. New York
Detailed Babylon Transportation Costs Vs. New York
Detailed Babylon Utilities Costs Vs. New York
Babylon SnackAbility
/10
Cost Of Living In Cities Around Babylon
The cost of living varies in the cities and towns around Babylon. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, NY has a cost of living index of 140, 0.9x Babylon.
West Babylon, NY has a cost of living index of 136, 0.9x Babylon.
West Islip, NY has a cost of living index of 146, 1.0x Babylon.
| City | Population | Cost Of Living | Vs. Babylon |
|---|---|---|---|
| Levittown, NY | 52,540 | 140 | 0.9x |
| West Babylon, NY | 43,397 | 136 | 0.9x |
| West Islip, NY | 27,557 | 146 | 1.0x |
| Lindenhurst, NY | 27,169 | 135 | 0.9x |
| Plainview, NY | 26,665 | 155 | 1.0x |
| Copiague, NY | 23,552 | 135 | 0.9x |
| Massapequa, NY | 22,249 | 163 | 1.1x |
| Merrick, NY | 20,990 | 172 | 1.1x |
| North Amityville, NY | 19,817 | 128 | 0.8x |
| Syosset, NY | 19,347 | 177 | 1.2x |
