Cost of living in Baldwin 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 Baldwin 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 Baldwin is 148, with 100 being the average.
The cost of living index in Baldwin is 1.5x higher than the national average.
Baldwin ranks as the #236 cheapest in New York out of 340.
Baldwin ranks as the #5,800 cheapest out of 6,412 in the US.
The median home value in Baldwin is $449,400.
The median income in Baldwin is $126,329.
According to the most recent data on the cost of living, Baldwin has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to New York, Baldwin has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Baldwin ranks as #236 most affordable out of the 340 places we measured in New York. By definition, that implies Baldwin ranks as the #104 most expensive place in the Empire State.
For more reading on life in Baldwin, check out:
Six factors go into calculating the cost of living index in Baldwin. Here is how it fairs on each of the criteria:
The Services index in Baldwin is 133.
The Groceries index in Baldwin is 146.
The Health index in Baldwin is 109.
The Housing index in Baldwin is 186.
The Transportation index in Baldwin is 133.
The Utilities index in Baldwin is 100.
Living Expense | Baldwin | New York | National Average | |
---|---|---|---|---|
Overall | 148 | 126 | 100 | |
Services | 133 | 110 | 100 | |
Groceries | 146 | 104 | 100 | |
Health | 109 | 105 | 100 | |
Housing | 186 | 175 | 100 | |
Transportation | 133 | 107 | 100 | |
Utilities | 100 | 102 | 100 |
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 Baldwin is $449,400.
The Median Rent in Baldwin is $1,771.
The Median Income in Baldwin is $126,329.
The Home Value To Income in Baldwin is 3.6x.
The Rent To Monthly Income in Baldwin is 0.17x.
Statistic | Baldwin | New York | United States |
---|---|---|---|
Median Home Value | $449,400 | $340,600 | $244,900 |
Median Rent | $1,771 | $1,390 | $1,163 |
Median Income | $126,329 | $75,157 | $69,021 |
Home Value To Income | 3.6x | 4.5x | 3.5x |
Rent To Monthly Income | 0.17x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Baldwin. Here's a quick look at the cost of living in the most populous nearby places:
Hempstead, NY has a cost of living index of 138, 0.9x Baldwin.
Levittown, NY has a cost of living index of 140, 0.9x Baldwin.
Freeport, NY has a cost of living index of 140, 0.9x Baldwin.
City | Population | Cost Of Living | Vs. Baldwin |
---|---|---|---|
Hempstead, NY | 58,532 | 138 | 0.9x |
Levittown, NY | 52,540 | 140 | 0.9x |
Freeport, NY | 44,328 | 140 | 0.9x |
Uniondale, NY | 32,791 | 143 | 1.0x |
Oceanside, NY | 31,182 | 152 | 1.0x |
Plainview, NY | 26,665 | 155 | 1.0x |
Rockville Centre, NY | 25,768 | 173 | 1.2x |
Massapequa, NY | 22,249 | 163 | 1.1x |
Merrick, NY | 20,990 | 172 | 1.2x |
West Hempstead, NY | 20,729 | 153 | 1.0x |