Cost of living in Hampton Bays 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 Hampton Bays 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 Hampton Bays is 147, with 100 being the average.
The cost of living index in Hampton Bays is 1.5x higher than the national average.
Hampton Bays ranks as the #229 cheapest in New York out of 340.
Hampton Bays ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Hampton Bays is $581,900.
The median income in Hampton Bays is $103,513.
According to the most recent data on the cost of living, Hampton Bays has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to New York, Hampton Bays has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Hampton Bays ranks as #229 most affordable out of the 340 places we measured in New York. By definition, that implies Hampton Bays ranks as the #111 most expensive place in the Empire State.
For more reading on life in Hampton Bays, check out:
Six factors go into calculating the cost of living index in Hampton Bays. Here is how it fairs on each of the criteria:
The Services index in Hampton Bays is 117.
The Groceries index in Hampton Bays is 107.
The Health index in Hampton Bays is 111.
The Housing index in Hampton Bays is 213.
The Transportation index in Hampton Bays is 106.
The Utilities index in Hampton Bays is 146.
Living Expense | Hampton Bays | New York | National Average | |
---|---|---|---|---|
Overall | 147 | 126 | 100 | |
Services | 117 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 111 | 105 | 100 | |
Housing | 213 | 175 | 100 | |
Transportation | 106 | 107 | 100 | |
Utilities | 146 | 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 Hampton Bays is $581,900.
The Median Rent in Hampton Bays is $1,976.
The Median Income in Hampton Bays is $103,513.
The Home Value To Income in Hampton Bays is 5.6x.
The Rent To Monthly Income in Hampton Bays is 0.23x.
Statistic | Hampton Bays | New York | United States |
---|---|---|---|
Median Home Value | $581,900 | $340,600 | $244,900 |
Median Rent | $1,976 | $1,390 | $1,163 |
Median Income | $103,513 | $75,157 | $69,021 |
Home Value To Income | 5.6x | 4.5x | 3.5x |
Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Item | Hampton Bays | New York |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $11.57 | $10.68 |
Bowling | $17.47 | $14.67 |
Haircut | $27.97 | $18.62 |
Beauty Salon | $47.72 | $39.05 |
Item | Hampton Bays | New York |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.51 | $1.39 |
Milk | $2.52 | $2.05 |
Potatoes | $4.12 | $3.29 |
Pizza | $9.41 | $10.62 |
Beer | $10.04 | $9.38 |
Toothpaste | $2.08 | $2.34 |
Item | Hampton Bays | New York |
---|---|---|
Optometrist | $112.13 | $108.57 |
Doctor | $130.27 | $116.17 |
Dentist | $107.76 | $99.13 |
Item | Hampton Bays | New York |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $56.11 | $50.07 |
Item | Hampton Bays | New York |
---|---|---|
All Electricity | $302.49 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Hampton Bays. Here's a quick look at the cost of living in the most populous nearby places:
Shirley, NY has a cost of living index of 128, 0.9x Hampton Bays.
Mastic, NY has a cost of living index of 123, 0.8x Hampton Bays.
Ridge, NY has a cost of living index of 127, 0.9x Hampton Bays.
City | Population | Cost Of Living | Vs. Hampton Bays |
---|---|---|---|
Shirley, NY | 28,059 | 128 | 0.9x |
Mastic, NY | 15,576 | 123 | 0.8x |
Ridge, NY | 12,931 | 127 | 0.9x |
Manorville, NY | 12,106 | 140 | 1.0x |
Wading River, NY | 8,304 | 140 | 1.0x |
Center Moriches, NY | 7,948 | 141 | 1.0x |
East Shoreham, NY | 7,232 | 153 | 1.0x |
Southold, NY | 6,700 | 157 | 1.1x |
Flanders, NY | 6,380 | 135 | 0.9x |
East Quogue, NY | 5,069 | 158 | 1.1x |