Islip, NY Cost Of Living
Cost Of Living In Islip, NY Summary
Cost of living in Islip 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 Islip 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 Islip is 137, with 100 being the average.
The cost of living index in Islip is 1.4x higher than the national average.
Islip ranks as the #174 cheapest in New York out of 340.
Islip ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Islip is $398,900.
The median income in Islip is $111,549.
Table Of Contents
Islip's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Islip, NY?
According to the most recent data on the cost of living, Islip has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to New York, Islip has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Islip ranks as #174 most affordable out of the 340 places we measured in New York. By definition, that implies Islip ranks as the #166 most expensive place in the Empire State.
For more reading on life in Islip, check out:
- Living In Islip
- Search Homes For Sale In Islip, NY
In New York
In America
Islip Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Islip. Here is how it fairs on each of the criteria:
The Services index in Islip is 122.
The Groceries index in Islip is 106.
The Health index in Islip is 115.
The Housing index in Islip is 183.
The Transportation index in Islip is 117.
The Utilities index in Islip is 131.
| Living Expense | Islip | New York | National Average | |
|---|---|---|---|---|
| Overall | 137 | 126 | 100 | |
| Services | 122 | 110 | 100 | |
| Groceries | 106 | 104 | 100 | |
| Health | 115 | 105 | 100 | |
| Housing | 183 | 175 | 100 | |
| Transportation | 117 | 107 | 100 | |
| Utilities | 131 | 102 | 100 | |
Islip, 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 Islip is $398,900.
The Median Rent in Islip is $1,961.
The Median Income in Islip is $111,549.
The Home Value To Income in Islip is 3.6x.
The Rent To Monthly Income in Islip is 0.21x.
| Statistic | Islip | New York | United States |
|---|---|---|---|
| Median Home Value | $398,900 | $340,600 | $244,900 |
| Median Rent | $1,961 | $1,390 | $1,163 |
| Median Income | $111,549 | $75,157 | $69,021 |
| Home Value To Income | 3.6x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Islip, NY Costs By Category
Detailed Islip Services Costs Vs. New York
Detailed Islip Groceries Costs Vs. New York
Detailed Islip Health Costs Vs. New York
Detailed Islip Transportation Costs Vs. New York
Detailed Islip Utilities Costs Vs. New York
Islip SnackAbility
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Cost Of Living In Cities Around Islip
The cost of living varies in the cities and towns around Islip. 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, 0.9x Islip.
Levittown, NY has a cost of living index of 140, 1.0x Islip.
Central Islip, NY has a cost of living index of 127, 0.9x Islip.
| City | Population | Cost Of Living | Vs. Islip |
|---|---|---|---|
| Brentwood, NY | 66,035 | 126 | 0.9x |
| Levittown, NY | 52,540 | 140 | 1.0x |
| Central Islip, NY | 36,292 | 127 | 0.9x |
| Bay Shore, NY | 31,488 | 130 | 0.9x |
| Plainview, NY | 26,665 | 155 | 1.1x |
| Massapequa, NY | 22,249 | 163 | 1.2x |
| North Bellmore, NY | 21,535 | 154 | 1.1x |
| Merrick, NY | 20,990 | 172 | 1.3x |
| Syosset, NY | 19,347 | 177 | 1.3x |
| North Bay Shore, NY | 18,524 | 131 | 1.0x |
