Cost of living in Mount Ivy 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 Mount Ivy 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 Mount Ivy is 125, with 100 being the average.
The cost of living index in Mount Ivy is 1.2x higher than the national average.
Mount Ivy ranks as the #131 cheapest in New York out of 340.
Mount Ivy ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Mount Ivy is $265,600.
The median income in Mount Ivy is $87,109.
According to the most recent data on the cost of living, Mount Ivy has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to New York, Mount Ivy has a cost of living index that's 1.0x lower than New York's index of 126.
The standard of living in Mount Ivy ranks as #131 most affordable out of the 340 places we measured in New York. By definition, that implies Mount Ivy ranks as the #209 most expensive place in the Empire State.
For more reading on life in Mount Ivy, check out:
Six factors go into calculating the cost of living index in Mount Ivy. Here is how it fairs on each of the criteria:
The Services index in Mount Ivy is 120.
The Groceries index in Mount Ivy is 107.
The Health index in Mount Ivy is 117.
The Housing index in Mount Ivy is 137.
The Transportation index in Mount Ivy is 115.
The Utilities index in Mount Ivy is 129.
Living Expense | Mount Ivy | New York | National Average | |
---|---|---|---|---|
Overall | 125 | 126 | 100 | |
Services | 120 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 117 | 105 | 100 | |
Housing | 137 | 175 | 100 | |
Transportation | 115 | 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 Mount Ivy is $265,600.
The Median Rent in Mount Ivy is $1,424.
The Median Income in Mount Ivy is $87,109.
The Home Value To Income in Mount Ivy is 3.0x.
The Rent To Monthly Income in Mount Ivy is 0.2x.
Statistic | Mount Ivy | New York | United States |
---|---|---|---|
Median Home Value | $265,600 | $340,600 | $244,900 |
Median Rent | $1,424 | $1,390 | $1,163 |
Median Income | $87,109 | $75,157 | $69,021 |
Home Value To Income | 3.0x | 4.5x | 3.5x |
Rent To Monthly Income | 0.2x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Mount Ivy. Here's a quick look at the cost of living in the most populous nearby places:
Eastchester, NY has a cost of living index of 163, 1.3x Mount Ivy.
Scarsdale, NY has a cost of living index of 265, 2.1x Mount Ivy.
Stony Point, NY has a cost of living index of 137, 1.1x Mount Ivy.
City | Population | Cost Of Living | Vs. Mount Ivy |
---|---|---|---|
Eastchester, NY | 20,636 | 163 | 1.3x |
Scarsdale, NY | 18,063 | 265 | 2.1x |
Stony Point, NY | 12,389 | 137 | 1.1x |
Haverstraw, NY | 12,292 | 127 | 1.0x |
Dobbs Ferry, NY | 11,511 | 169 | 1.4x |
West Haverstraw, NY | 10,665 | 125 | 1.0x |
New Square, NY | 9,433 | 136 | 1.1x |
Hillcrest, NY | 8,667 | 143 | 1.1x |
Congers, NY | 7,926 | 151 | 1.2x |
Briarcliff Manor, NY | 7,587 | 175 | 1.4x |