Baywood, NY Cost Of Living
Cost Of Living In Baywood, NY Summary
Cost of living in Baywood 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 Baywood 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 Baywood is 132, with 100 being the average.
The cost of living index in Baywood is 1.3x higher than the national average.
Baywood ranks as the #155 cheapest in New York out of 340.
Baywood ranks as the #5,326 cheapest out of 6,412 in the US.
The median home value in Baywood is $335,100.
The median income in Baywood is $112,442.
Table Of Contents
Baywood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Baywood, NY?
According to the most recent data on the cost of living, Baywood has an overall cost of living index of 132, which is 1.3x higher than the national index of 100.
Compared to New York, Baywood has a cost of living index that's 1.0x higher than New York's index of 126.
The standard of living in Baywood ranks as #155 most affordable out of the 340 places we measured in New York. By definition, that implies Baywood ranks as the #185 most expensive place in the Empire State.
For more reading on life in Baywood, check out:
- Living In Baywood
- Search Homes For Sale In Baywood, NY
In New York
In America
Baywood Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Baywood. Here is how it fairs on each of the criteria:
The Services index in Baywood is 122.
The Groceries index in Baywood is 105.
The Health index in Baywood is 118.
The Housing index in Baywood is 159.
The Transportation index in Baywood is 118.
The Utilities index in Baywood is 133.
| Living Expense | Baywood | New York | National Average | |
|---|---|---|---|---|
| Overall | 132 | 126 | 100 | |
| Services | 122 | 110 | 100 | |
| Groceries | 105 | 104 | 100 | |
| Health | 118 | 105 | 100 | |
| Housing | 159 | 175 | 100 | |
| Transportation | 118 | 107 | 100 | |
| Utilities | 133 | 102 | 100 | |
Baywood, 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 Baywood is $335,100.
The Median Rent in Baywood is $2,217.
The Median Income in Baywood is $112,442.
The Home Value To Income in Baywood is 3.0x.
The Rent To Monthly Income in Baywood is 0.24x.
| Statistic | Baywood | New York | United States |
|---|---|---|---|
| Median Home Value | $335,100 | $340,600 | $244,900 |
| Median Rent | $2,217 | $1,390 | $1,163 |
| Median Income | $112,442 | $75,157 | $69,021 |
| Home Value To Income | 3.0x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Baywood, NY Costs By Category
Detailed Baywood Services Costs Vs. New York
Detailed Baywood Groceries Costs Vs. New York
Detailed Baywood Health Costs Vs. New York
Detailed Baywood Transportation Costs Vs. New York
Detailed Baywood Utilities Costs Vs. New York
Baywood SnackAbility
/10
Cost Of Living In Cities Around Baywood
The cost of living varies in the cities and towns around Baywood. 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 Baywood.
Levittown, NY has a cost of living index of 140, 1.1x Baywood.
Bay Shore, NY has a cost of living index of 130, 1.0x Baywood.
| City | Population | Cost Of Living | Vs. Baywood |
|---|---|---|---|
| Brentwood, NY | 66,035 | 126 | 1.0x |
| Levittown, NY | 52,540 | 140 | 1.1x |
| Bay Shore, NY | 31,488 | 130 | 1.0x |
| West Islip, NY | 27,557 | 146 | 1.1x |
| Deer Park, NY | 26,803 | 136 | 1.0x |
| Plainview, NY | 26,665 | 155 | 1.2x |
| Dix Hills, NY | 24,739 | 178 | 1.3x |
| Massapequa, NY | 22,249 | 163 | 1.2x |
| North Bellmore, NY | 21,535 | 154 | 1.2x |
| Merrick, NY | 20,990 | 172 | 1.3x |
