Cost of living in Nanuet 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 Nanuet 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 Nanuet is 145, with 100 being the average.
The cost of living index in Nanuet is 1.4x higher than the national average.
Nanuet ranks as the #216 cheapest in New York out of 340.
Nanuet ranks as the #5,721 cheapest out of 6,412 in the US.
The median home value in Nanuet is $397,600.
The median income in Nanuet is $106,906.
According to the most recent data on the cost of living, Nanuet has an overall cost of living index of 145, which is 1.4x higher than the national index of 100.
Compared to New York, Nanuet has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Nanuet ranks as #216 most affordable out of the 340 places we measured in New York. By definition, that implies Nanuet ranks as the #124 most expensive place in the Empire State.
For more reading on life in Nanuet, check out:
Six factors go into calculating the cost of living index in Nanuet. Here is how it fairs on each of the criteria:
The Services index in Nanuet is 123.
The Groceries index in Nanuet is 105.
The Health index in Nanuet is 116.
The Housing index in Nanuet is 203.
The Transportation index in Nanuet is 116.
The Utilities index in Nanuet is 132.
Living Expense | Nanuet | New York | National Average | |
---|---|---|---|---|
Overall | 145 | 126 | 100 | |
Services | 123 | 110 | 100 | |
Groceries | 105 | 104 | 100 | |
Health | 116 | 105 | 100 | |
Housing | 203 | 175 | 100 | |
Transportation | 116 | 107 | 100 | |
Utilities | 132 | 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 Nanuet is $397,600.
The Median Rent in Nanuet is $2,016.
The Median Income in Nanuet is $106,906.
The Home Value To Income in Nanuet is 3.7x.
The Rent To Monthly Income in Nanuet is 0.23x.
Statistic | Nanuet | New York | United States |
---|---|---|---|
Median Home Value | $397,600 | $340,600 | $244,900 |
Median Rent | $2,016 | $1,390 | $1,163 |
Median Income | $106,906 | $75,157 | $69,021 |
Home Value To Income | 3.7x | 4.5x | 3.5x |
Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Nanuet. Here's a quick look at the cost of living in the most populous nearby places:
Spring Valley, NY has a cost of living index of 122, 0.8x Nanuet.
Monsey, NY has a cost of living index of 155, 1.1x Nanuet.
Eastchester, NY has a cost of living index of 163, 1.1x Nanuet.
City | Population | Cost Of Living | Vs. Nanuet |
---|---|---|---|
Spring Valley, NY | 32,953 | 122 | 0.8x |
Monsey, NY | 27,359 | 155 | 1.1x |
Eastchester, NY | 20,636 | 163 | 1.1x |
Mamaroneck, NY | 19,989 | 165 | 1.1x |
Pearl River, NY | 16,387 | 146 | 1.0x |
Chestnut Ridge, NY | 10,211 | 140 | 1.0x |
New Square, NY | 9,433 | 136 | 0.9x |
Hillcrest, NY | 8,667 | 143 | 1.0x |
Montvale, NJ | 8,413 | 174 | 1.2x |
Briarcliff Manor, NY | 7,587 | 175 | 1.2x |