Cost of living in Massapequa Park 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 Massapequa Park 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 Massapequa Park is 157, with 100 being the average.
The cost of living index in Massapequa Park is 1.6x higher than the national average.
Massapequa Park ranks as the #271 cheapest in New York out of 340.
Massapequa Park ranks as the #5,961 cheapest out of 6,412 in the US.
The median home value in Massapequa Park is $539,900.
The median income in Massapequa Park is $146,722.
According to the most recent data on the cost of living, Massapequa Park has an overall cost of living index of 157, which is 1.6x higher than the national index of 100.
Compared to New York, Massapequa Park has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Massapequa Park ranks as #271 most affordable out of the 340 places we measured in New York. By definition, that implies Massapequa Park ranks as the #69 most expensive place in the Empire State.
For more reading on life in Massapequa Park, check out:
Six factors go into calculating the cost of living index in Massapequa Park. Here is how it fairs on each of the criteria:
The Services index in Massapequa Park is 123.
The Groceries index in Massapequa Park is 106.
The Health index in Massapequa Park is 118.
The Housing index in Massapequa Park is 239.
The Transportation index in Massapequa Park is 117.
The Utilities index in Massapequa Park is 131.
Living Expense | Massapequa Park | New York | National Average | |
---|---|---|---|---|
Overall | 157 | 126 | 100 | |
Services | 123 | 110 | 100 | |
Groceries | 106 | 104 | 100 | |
Health | 118 | 105 | 100 | |
Housing | 239 | 175 | 100 | |
Transportation | 117 | 107 | 100 | |
Utilities | 131 | 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 Massapequa Park is $539,900.
The Median Rent in Massapequa Park is $2,510.
The Median Income in Massapequa Park is $146,722.
The Home Value To Income in Massapequa Park is 3.7x.
The Rent To Monthly Income in Massapequa Park is 0.21x.
Statistic | Massapequa Park | New York | United States |
---|---|---|---|
Median Home Value | $539,900 | $340,600 | $244,900 |
Median Rent | $2,510 | $1,390 | $1,163 |
Median Income | $146,722 | $75,157 | $69,021 |
Home Value To Income | 3.7x | 4.5x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Item | Massapequa Park | 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 |
Item | Massapequa Park | 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 |
Item | Massapequa Park | New York |
---|---|---|
Optometrist | $127.5 | $108.57 |
Doctor | $118.17 | $116.17 |
Dentist | $132.27 | $99.13 |
Item | Massapequa Park | New York |
---|---|---|
Gasoline | $2.33 | $2.22 |
Tire Balancing | $69.75 | $50.07 |
Item | Massapequa Park | New York |
---|---|---|
All Electricity | $261.22 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Massapequa Park. 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, 0.9x Massapequa Park.
Plainview, NY has a cost of living index of 155, 1.0x Massapequa Park.
Copiague, NY has a cost of living index of 135, 0.9x Massapequa Park.
City | Population | Cost Of Living | Vs. Massapequa Park |
---|---|---|---|
Levittown, NY | 52,540 | 140 | 0.9x |
Plainview, NY | 26,665 | 155 | 1.0x |
Copiague, NY | 23,552 | 135 | 0.9x |
Massapequa, NY | 22,249 | 163 | 1.0x |
Merrick, NY | 20,990 | 172 | 1.1x |
North Amityville, NY | 19,817 | 128 | 0.8x |
Syosset, NY | 19,347 | 177 | 1.1x |
East Massapequa, NY | 19,013 | 142 | 0.9x |
North Massapequa, NY | 18,577 | 145 | 0.9x |
Wantagh, NY | 18,331 | 159 | 1.0x |