Coram, NY Cost Of Living
Cost Of Living In Coram, NY Summary
Cost of living in Coram 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 Coram 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 Coram is 134, with 100 being the average.
The cost of living index in Coram is 1.3x higher than the national average.
Coram ranks as the #161 cheapest in New York out of 340.
Coram ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Coram is $338,200.
The median income in Coram is $86,188.
Table Of Contents
Coram's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Coram, NY?
According to the most recent data on the cost of living, Coram has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to New York, Coram has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Coram ranks as #161 most affordable out of the 340 places we measured in New York. By definition, that implies Coram ranks as the #179 most expensive place in the Empire State.
For more reading on life in Coram, check out:
- Living In Coram
- Search Homes For Sale In Coram, NY
In New York
In America
Coram Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Coram. Here is how it fairs on each of the criteria:
The Services index in Coram is 117.
The Groceries index in Coram is 107.
The Health index in Coram is 109.
The Housing index in Coram is 171.
The Transportation index in Coram is 106.
The Utilities index in Coram is 145.
| Living Expense | Coram | New York | National Average | |
|---|---|---|---|---|
| Overall | 134 | 126 | 100 | |
| Services | 117 | 110 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 109 | 105 | 100 | |
| Housing | 171 | 175 | 100 | |
| Transportation | 106 | 107 | 100 | |
| Utilities | 145 | 102 | 100 | |
Coram, 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 Coram is $338,200.
The Median Rent in Coram is $2,213.
The Median Income in Coram is $86,188.
The Home Value To Income in Coram is 3.9x.
The Rent To Monthly Income in Coram is 0.31x.
| Statistic | Coram | New York | United States |
|---|---|---|---|
| Median Home Value | $338,200 | $340,600 | $244,900 |
| Median Rent | $2,213 | $1,390 | $1,163 |
| Median Income | $86,188 | $75,157 | $69,021 |
| Home Value To Income | 3.9x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Coram, NY Costs By Category
Detailed Coram Services Costs Vs. New York
Detailed Coram Groceries Costs Vs. New York
Detailed Coram Health Costs Vs. New York
Detailed Coram Transportation Costs Vs. New York
Detailed Coram Utilities Costs Vs. New York
Coram SnackAbility
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Cost Of Living In Cities Around Coram
The cost of living varies in the cities and towns around Coram. Here's a quick look at the cost of living in the most populous nearby places:
Commack, NY has a cost of living index of 153, 1.1x Coram.
Centereach, NY has a cost of living index of 142, 1.1x Coram.
West Islip, NY has a cost of living index of 146, 1.1x Coram.
| City | Population | Cost Of Living | Vs. Coram |
|---|---|---|---|
| Commack, NY | 36,252 | 153 | 1.1x |
| Centereach, NY | 31,979 | 142 | 1.1x |
| West Islip, NY | 27,557 | 146 | 1.1x |
| Smithtown, NY | 26,257 | 150 | 1.1x |
| Medford, NY | 24,702 | 132 | 1.0x |
| Selden, NY | 21,265 | 134 | 1.0x |
| Farmingville, NY | 16,909 | 134 | 1.0x |
| St. James, NY | 13,945 | 145 | 1.1x |
| Nesconset, NY | 13,313 | 152 | 1.1x |
| East Islip, NY | 12,596 | 145 | 1.1x |
