Cost of living in Mahopac 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 Mahopac 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 Mahopac is 139, with 100 being the average.
The cost of living index in Mahopac is 1.4x higher than the national average.
Mahopac ranks as the #180 cheapest in New York out of 340.
Mahopac ranks as the #5,546 cheapest out of 6,412 in the US.
The median home value in Mahopac is $384,000.
The median income in Mahopac is $108,955.
According to the most recent data on the cost of living, Mahopac has an overall cost of living index of 139, which is 1.4x higher than the national index of 100.
Compared to New York, Mahopac has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Mahopac ranks as #180 most affordable out of the 340 places we measured in New York. By definition, that implies Mahopac ranks as the #160 most expensive place in the Empire State.
For more reading on life in Mahopac, check out:
Six factors go into calculating the cost of living index in Mahopac. Here is how it fairs on each of the criteria:
The Services index in Mahopac is 122.
The Groceries index in Mahopac is 105.
The Health index in Mahopac is 115.
The Housing index in Mahopac is 181.
The Transportation index in Mahopac is 117.
The Utilities index in Mahopac is 129.
Living Expense | Mahopac | New York | National Average | |
---|---|---|---|---|
Overall | 139 | 126 | 100 | |
Services | 122 | 110 | 100 | |
Groceries | 105 | 104 | 100 | |
Health | 115 | 105 | 100 | |
Housing | 181 | 175 | 100 | |
Transportation | 117 | 107 | 100 | |
Utilities | 129 | 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 Mahopac is $384,000.
The Median Rent in Mahopac is $1,446.
The Median Income in Mahopac is $108,955.
The Home Value To Income in Mahopac is 3.5x.
The Rent To Monthly Income in Mahopac is 0.16x.
Statistic | Mahopac | New York | United States |
---|---|---|---|
Median Home Value | $384,000 | $340,600 | $244,900 |
Median Rent | $1,446 | $1,390 | $1,163 |
Median Income | $108,955 | $75,157 | $69,021 |
Home Value To Income | 3.5x | 4.5x | 3.5x |
Rent To Monthly Income | 0.16x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Mahopac. Here's a quick look at the cost of living in the most populous nearby places:
Ossining, NY has a cost of living index of 140, 1.0x Mahopac.
Jefferson Valley-Yorktown, NY has a cost of living index of 146, 1.1x Mahopac.
Stony Point, NY has a cost of living index of 137, 1.0x Mahopac.
City | Population | Cost Of Living | Vs. Mahopac |
---|---|---|---|
Ossining, NY | 27,368 | 140 | 1.0x |
Jefferson Valley-Yorktown, NY | 14,168 | 146 | 1.1x |
Stony Point, NY | 12,389 | 137 | 1.0x |
Croton-on-Hudson, NY | 8,289 | 159 | 1.1x |
Congers, NY | 7,926 | 151 | 1.1x |
Briarcliff Manor, NY | 7,587 | 175 | 1.3x |
Pleasantville, NY | 7,469 | 164 | 1.2x |
Lake Mohegan, NY | 5,645 | 140 | 1.0x |