Farmingdale, NY Cost Of Living
Cost Of Living In Farmingdale, NY Summary
Cost of living in Farmingdale 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 Farmingdale 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 Farmingdale is 142, with 100 being the average.
The cost of living index in Farmingdale is 1.4x higher than the national average.
Farmingdale ranks as the #201 cheapest in New York out of 340.
Farmingdale ranks as the #5,646 cheapest out of 6,412 in the US.
The median home value in Farmingdale is $427,600.
The median income in Farmingdale is $116,103.
Table Of Contents
Farmingdale's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Farmingdale, NY?
According to the most recent data on the cost of living, Farmingdale has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to New York, Farmingdale has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Farmingdale ranks as #201 most affordable out of the 340 places we measured in New York. By definition, that implies Farmingdale ranks as the #139 most expensive place in the Empire State.
For more reading on life in Farmingdale, check out:
- Living In Farmingdale
- Search Homes For Sale In Farmingdale, NY
In New York
In America
Farmingdale Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Farmingdale. Here is how it fairs on each of the criteria:
The Services index in Farmingdale is 123.
The Groceries index in Farmingdale is 107.
The Health index in Farmingdale is 115.
The Housing index in Farmingdale is 190.
The Transportation index in Farmingdale is 115.
The Utilities index in Farmingdale is 132.
| Living Expense | Farmingdale | New York | National Average | |
|---|---|---|---|---|
| Overall | 142 | 126 | 100 | |
| Services | 123 | 110 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 115 | 105 | 100 | |
| Housing | 190 | 175 | 100 | |
| Transportation | 115 | 107 | 100 | |
| Utilities | 132 | 102 | 100 | |
Farmingdale, 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 Farmingdale is $427,600.
The Median Rent in Farmingdale is $2,036.
The Median Income in Farmingdale is $116,103.
The Home Value To Income in Farmingdale is 3.7x.
The Rent To Monthly Income in Farmingdale is 0.21x.
| Statistic | Farmingdale | New York | United States |
|---|---|---|---|
| Median Home Value | $427,600 | $340,600 | $244,900 |
| Median Rent | $2,036 | $1,390 | $1,163 |
| Median Income | $116,103 | $75,157 | $69,021 |
| Home Value To Income | 3.7x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Farmingdale, NY Costs By Category
Detailed Farmingdale Services Costs Vs. New York
| Item | Farmingdale | New York |
|---|---|---|
| Shampoo | $0.96 | $1.06 |
| Movie | $13.09 | $10.68 |
| Bowling | $18.83 | $14.67 |
| Haircut | $32.76 | $18.62 |
| Beauty Salon | $65.09 | $39.05 |
Detailed Farmingdale Groceries Costs Vs. New York
| Item | Farmingdale | New York |
|---|---|---|
| Ground Beef | $4.44 | $4.22 |
| Fried Chicken | $1.42 | $1.39 |
| Milk | $2.65 | $2.05 |
| Potatoes | $3.98 | $3.29 |
| Pizza | $9.41 | $10.62 |
| Beer | $10.04 | $9.38 |
| Toothpaste | $2.13 | $2.34 |
Detailed Farmingdale Health Costs Vs. New York
| Item | Farmingdale | New York |
|---|---|---|
| Optometrist | $127.5 | $108.57 |
| Doctor | $118.17 | $116.17 |
| Dentist | $132.27 | $99.13 |
Detailed Farmingdale Transportation Costs Vs. New York
| Item | Farmingdale | New York |
|---|---|---|
| Gasoline | $2.33 | $2.22 |
| Tire Balancing | $69.75 | $50.07 |
Detailed Farmingdale Utilities Costs Vs. New York
| Item | Farmingdale | New York |
|---|---|---|
| All Electricity | $261.22 | $167.67 |
| Phone | $178.6 | $175.64 |
Farmingdale SnackAbility
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Cost Of Living In Cities Around Farmingdale
The cost of living varies in the cities and towns around Farmingdale. 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, 1.0x Farmingdale.
Plainview, NY has a cost of living index of 155, 1.1x Farmingdale.
Massapequa, NY has a cost of living index of 163, 1.1x Farmingdale.
| City | Population | Cost Of Living | Vs. Farmingdale |
|---|---|---|---|
| Levittown, NY | 52,540 | 140 | 1.0x |
| Plainview, NY | 26,665 | 155 | 1.1x |
| Massapequa, NY | 22,249 | 163 | 1.1x |
| Merrick, NY | 20,990 | 172 | 1.2x |
| North Amityville, NY | 19,817 | 128 | 0.9x |
| Syosset, NY | 19,347 | 177 | 1.2x |
| North Massapequa, NY | 18,577 | 145 | 1.0x |
| Bethpage, NY | 17,627 | 147 | 1.0x |
| Woodmere, NY | 17,267 | 176 | 1.2x |
| Massapequa Park, NY | 17,149 | 157 | 1.1x |
