Lake Ronkonkoma, NY Cost Of Living
Cost Of Living In Lake Ronkonkoma, NY Summary
Cost of living in Lake Ronkonkoma 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 Lake Ronkonkoma 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 Lake Ronkonkoma is 137, with 100 being the average.
The cost of living index in Lake Ronkonkoma is 1.4x higher than the national average.
Lake Ronkonkoma ranks as the #174 cheapest in New York out of 340.
Lake Ronkonkoma ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Lake Ronkonkoma is $389,100.
The median income in Lake Ronkonkoma is $92,147.
Table Of Contents
Lake Ronkonkoma's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lake Ronkonkoma, NY?
According to the most recent data on the cost of living, Lake Ronkonkoma has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to New York, Lake Ronkonkoma has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Lake Ronkonkoma ranks as #174 most affordable out of the 340 places we measured in New York. By definition, that implies Lake Ronkonkoma ranks as the #166 most expensive place in the Empire State.
For more reading on life in Lake Ronkonkoma, check out:
- Living In Lake Ronkonkoma
- Search Homes For Sale In Lake Ronkonkoma, NY
In New York
In America
Lake Ronkonkoma Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Lake Ronkonkoma. Here is how it fairs on each of the criteria:
The Services index in Lake Ronkonkoma is 123.
The Groceries index in Lake Ronkonkoma is 107.
The Health index in Lake Ronkonkoma is 118.
The Housing index in Lake Ronkonkoma is 174.
The Transportation index in Lake Ronkonkoma is 114.
The Utilities index in Lake Ronkonkoma is 131.
| Living Expense | Lake Ronkonkoma | New York | National Average | |
|---|---|---|---|---|
| Overall | 137 | 126 | 100 | |
| Services | 123 | 110 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 118 | 105 | 100 | |
| Housing | 174 | 175 | 100 | |
| Transportation | 114 | 107 | 100 | |
| Utilities | 131 | 102 | 100 | |
Lake Ronkonkoma, 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 Lake Ronkonkoma is $389,100.
The Median Rent in Lake Ronkonkoma is $1,776.
The Median Income in Lake Ronkonkoma is $92,147.
The Home Value To Income in Lake Ronkonkoma is 4.2x.
The Rent To Monthly Income in Lake Ronkonkoma is 0.23x.
| Statistic | Lake Ronkonkoma | New York | United States |
|---|---|---|---|
| Median Home Value | $389,100 | $340,600 | $244,900 |
| Median Rent | $1,776 | $1,390 | $1,163 |
| Median Income | $92,147 | $75,157 | $69,021 |
| Home Value To Income | 4.2x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Lake Ronkonkoma, NY Costs By Category
Detailed Lake Ronkonkoma Services Costs Vs. New York
| Item | Lake Ronkonkoma | 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 Lake Ronkonkoma Groceries Costs Vs. New York
| Item | Lake Ronkonkoma | 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 Lake Ronkonkoma Health Costs Vs. New York
| Item | Lake Ronkonkoma | New York |
|---|---|---|
| Optometrist | $127.5 | $108.57 |
| Doctor | $118.17 | $116.17 |
| Dentist | $132.27 | $99.13 |
Detailed Lake Ronkonkoma Transportation Costs Vs. New York
| Item | Lake Ronkonkoma | New York |
|---|---|---|
| Gasoline | $2.33 | $2.22 |
| Tire Balancing | $69.75 | $50.07 |
Detailed Lake Ronkonkoma Utilities Costs Vs. New York
| Item | Lake Ronkonkoma | New York |
|---|---|---|
| All Electricity | $261.22 | $167.67 |
| Phone | $178.6 | $175.64 |
Lake Ronkonkoma SnackAbility
/10
Cost Of Living In Cities Around Lake Ronkonkoma
The cost of living varies in the cities and towns around Lake Ronkonkoma. 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 Lake Ronkonkoma.
Centereach, NY has a cost of living index of 142, 1.0x Lake Ronkonkoma.
West Islip, NY has a cost of living index of 146, 1.1x Lake Ronkonkoma.
| City | Population | Cost Of Living | Vs. Lake Ronkonkoma |
|---|---|---|---|
| Commack, NY | 36,252 | 153 | 1.1x |
| Centereach, NY | 31,979 | 142 | 1.0x |
| West Islip, NY | 27,557 | 146 | 1.1x |
| Holbrook, NY | 26,958 | 141 | 1.0x |
| Plainview, NY | 26,665 | 155 | 1.1x |
| Smithtown, NY | 26,257 | 150 | 1.1x |
| Holtsville, NY | 19,497 | 138 | 1.0x |
| Huntington, NY | 19,397 | 167 | 1.2x |
| Ronkonkoma, NY | 18,775 | 137 | 1.0x |
| Farmingville, NY | 16,909 | 134 | 1.0x |
