Cost of living in Bay Shore 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 Bay Shore 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 Bay Shore is 130, with 100 being the average.
The cost of living index in Bay Shore is 1.3x higher than the national average.
Bay Shore ranks as the #150 cheapest in New York out of 340.
Bay Shore ranks as the #5,259 cheapest out of 6,412 in the US.
The median home value in Bay Shore is $376,000.
The median income in Bay Shore is $97,783.
According to the most recent data on the cost of living, Bay Shore has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to New York, Bay Shore has a cost of living index that's 1.0x higher than New York's index of 126.
The standard of living in Bay Shore ranks as #150 most affordable out of the 340 places we measured in New York. By definition, that implies Bay Shore ranks as the #190 most expensive place in the Empire State.
For more reading on life in Bay Shore, check out:
Six factors go into calculating the cost of living index in Bay Shore. Here is how it fairs on each of the criteria:
The Services index in Bay Shore is 120.
The Groceries index in Bay Shore is 104.
The Health index in Bay Shore is 116.
The Housing index in Bay Shore is 159.
The Transportation index in Bay Shore is 115.
The Utilities index in Bay Shore is 133.
Living Expense | Bay Shore | New York | National Average | |
---|---|---|---|---|
Overall | 130 | 126 | 100 | |
Services | 120 | 110 | 100 | |
Groceries | 104 | 104 | 100 | |
Health | 116 | 105 | 100 | |
Housing | 159 | 175 | 100 | |
Transportation | 115 | 107 | 100 | |
Utilities | 133 | 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 Bay Shore is $376,000.
The Median Rent in Bay Shore is $1,720.
The Median Income in Bay Shore is $97,783.
The Home Value To Income in Bay Shore is 3.8x.
The Rent To Monthly Income in Bay Shore is 0.21x.
Statistic | Bay Shore | New York | United States |
---|---|---|---|
Median Home Value | $376,000 | $340,600 | $244,900 |
Median Rent | $1,720 | $1,390 | $1,163 |
Median Income | $97,783 | $75,157 | $69,021 |
Home Value To Income | 3.8x | 4.5x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Bay Shore. Here's a quick look at the cost of living in the most populous nearby places:
Brentwood, NY has a cost of living index of 126, 1.0x Bay Shore.
Levittown, NY has a cost of living index of 140, 1.1x Bay Shore.
West Islip, NY has a cost of living index of 146, 1.1x Bay Shore.
City | Population | Cost Of Living | Vs. Bay Shore |
---|---|---|---|
Brentwood, NY | 66,035 | 126 | 1.0x |
Levittown, NY | 52,540 | 140 | 1.1x |
West Islip, NY | 27,557 | 146 | 1.1x |
Plainview, NY | 26,665 | 155 | 1.2x |
Massapequa, NY | 22,249 | 163 | 1.3x |
North Bellmore, NY | 21,535 | 154 | 1.2x |
Merrick, NY | 20,990 | 172 | 1.3x |
Syosset, NY | 19,347 | 177 | 1.4x |
North Babylon, NY | 18,776 | 140 | 1.1x |
North Bay Shore, NY | 18,524 | 131 | 1.0x |