Cost of living in Nesconset 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 Nesconset 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 Nesconset is 152, with 100 being the average.
The cost of living index in Nesconset is 1.5x higher than the national average.
Nesconset ranks as the #250 cheapest in New York out of 340.
Nesconset ranks as the #5,876 cheapest out of 6,412 in the US.
The median home value in Nesconset is $504,500.
The median income in Nesconset is $134,514.
According to the most recent data on the cost of living, Nesconset has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to New York, Nesconset has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Nesconset ranks as #250 most affordable out of the 340 places we measured in New York. By definition, that implies Nesconset ranks as the #90 most expensive place in the Empire State.
For more reading on life in Nesconset, check out:
Six factors go into calculating the cost of living index in Nesconset. Here is how it fairs on each of the criteria:
The Services index in Nesconset is 121.
The Groceries index in Nesconset is 107.
The Health index in Nesconset is 115.
The Housing index in Nesconset is 226.
The Transportation index in Nesconset is 114.
The Utilities index in Nesconset is 131.
Living Expense | Nesconset | New York | National Average | |
---|---|---|---|---|
Overall | 152 | 126 | 100 | |
Services | 121 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 115 | 105 | 100 | |
Housing | 226 | 175 | 100 | |
Transportation | 114 | 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 Nesconset is $504,500.
The Median Rent in Nesconset is $2,647.
The Median Income in Nesconset is $134,514.
The Home Value To Income in Nesconset is 3.8x.
The Rent To Monthly Income in Nesconset is 0.24x.
Statistic | Nesconset | New York | United States |
---|---|---|---|
Median Home Value | $504,500 | $340,600 | $244,900 |
Median Rent | $2,647 | $1,390 | $1,163 |
Median Income | $134,514 | $75,157 | $69,021 |
Home Value To Income | 3.8x | 4.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Nesconset. Here's a quick look at the cost of living in the most populous nearby places:
Centereach, NY has a cost of living index of 142, 0.9x Nesconset.
Plainview, NY has a cost of living index of 155, 1.0x Nesconset.
Smithtown, NY has a cost of living index of 150, 1.0x Nesconset.
City | Population | Cost Of Living | Vs. Nesconset |
---|---|---|---|
Centereach, NY | 31,979 | 142 | 0.9x |
Plainview, NY | 26,665 | 155 | 1.0x |
Smithtown, NY | 26,257 | 150 | 1.0x |
Hauppauge, NY | 19,967 | 152 | 1.0x |
Huntington, NY | 19,397 | 167 | 1.1x |
Syosset, NY | 19,347 | 177 | 1.2x |
East Massapequa, NY | 19,013 | 142 | 0.9x |
Ronkonkoma, NY | 18,775 | 137 | 0.9x |
North Massapequa, NY | 18,577 | 145 | 1.0x |
Lake Ronkonkoma, NY | 18,214 | 137 | 0.9x |