Cost of living in Mineola 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 Mineola 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 Mineola is 155, with 100 being the average.
The cost of living index in Mineola is 1.6x higher than the national average.
Mineola ranks as the #263 cheapest in New York out of 340.
Mineola ranks as the #5,929 cheapest out of 6,412 in the US.
The median home value in Mineola is $563,700.
The median income in Mineola is $113,571.
According to the most recent data on the cost of living, Mineola has an overall cost of living index of 155, which is 1.6x higher than the national index of 100.
Compared to New York, Mineola has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Mineola ranks as #263 most affordable out of the 340 places we measured in New York. By definition, that implies Mineola ranks as the #77 most expensive place in the Empire State.
For more reading on life in Mineola, check out:
Six factors go into calculating the cost of living index in Mineola. Here is how it fairs on each of the criteria:
The Services index in Mineola is 131.
The Groceries index in Mineola is 148.
The Health index in Mineola is 109.
The Housing index in Mineola is 218.
The Transportation index in Mineola is 133.
The Utilities index in Mineola is 96.
Living Expense | Mineola | New York | National Average | |
---|---|---|---|---|
Overall | 155 | 126 | 100 | |
Services | 131 | 110 | 100 | |
Groceries | 148 | 104 | 100 | |
Health | 109 | 105 | 100 | |
Housing | 218 | 175 | 100 | |
Transportation | 133 | 107 | 100 | |
Utilities | 96 | 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 Mineola is $563,700.
The Median Rent in Mineola is $1,967.
The Median Income in Mineola is $113,571.
The Home Value To Income in Mineola is 5.0x.
The Rent To Monthly Income in Mineola is 0.21x.
Statistic | Mineola | New York | United States |
---|---|---|---|
Median Home Value | $563,700 | $340,600 | $244,900 |
Median Rent | $1,967 | $1,390 | $1,163 |
Median Income | $113,571 | $75,157 | $69,021 |
Home Value To Income | 5.0x | 4.5x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Mineola. 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 Mineola.
Plainview, NY has a cost of living index of 155, 1.0x Mineola.
Massapequa, NY has a cost of living index of 163, 1.1x Mineola.
City | Population | Cost Of Living | Vs. Mineola |
---|---|---|---|
Levittown, NY | 52,540 | 140 | 0.9x |
Plainview, NY | 26,665 | 155 | 1.0x |
Massapequa, NY | 22,249 | 163 | 1.1x |
Merrick, NY | 20,990 | 172 | 1.1x |
Syosset, NY | 19,347 | 177 | 1.1x |
Woodmere, NY | 17,267 | 176 | 1.1x |
Massapequa Park, NY | 17,149 | 157 | 1.0x |
Malverne, NY | 8,583 | 149 | 1.0x |
Williston Park, NY | 7,571 | 163 | 1.1x |
Roslyn Heights, NY | 6,758 | 186 | 1.2x |