New Square, NY Cost Of Living
Cost Of Living In New Square, NY Summary
Cost of living in New Square 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 New Square 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 New Square is 136, with 100 being the average.
The cost of living index in New Square is 1.4x higher than the national average.
New Square ranks as the #169 cheapest in New York out of 340.
New Square ranks as the #5,458 cheapest out of 6,412 in the US.
The median home value in New Square is $552,200.
The median income in New Square is $24,881.
Table Of Contents
New Square's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in New Square, NY?
According to the most recent data on the cost of living, New Square has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.
Compared to New York, New Square has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in New Square ranks as #169 most affordable out of the 340 places we measured in New York. By definition, that implies New Square ranks as the #171 most expensive place in the Empire State.
For more reading on life in New Square, check out:
- Living In New Square
- Search Homes For Sale In New Square, NY
In New York
In America
New Square Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in New Square. Here is how it fairs on each of the criteria:
The Services index in New Square is 123.
The Groceries index in New Square is 104.
The Health index in New Square is 118.
The Housing index in New Square is 174.
The Transportation index in New Square is 117.
The Utilities index in New Square is 130.
| Living Expense | New Square | New York | National Average | |
|---|---|---|---|---|
| Overall | 136 | 126 | 100 | |
| Services | 123 | 110 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 118 | 105 | 100 | |
| Housing | 174 | 175 | 100 | |
| Transportation | 117 | 107 | 100 | |
| Utilities | 130 | 102 | 100 | |
New Square, NY Housing Cost Breakdown
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 New Square is $552,200.
The Median Rent in New Square is $1,467.
The Median Income in New Square is $24,881.
The Home Value To Income in New Square is 22.2x.
The Rent To Monthly Income in New Square is 0.71x.
| Statistic | New Square | New York | United States |
|---|---|---|---|
| Median Home Value | $552,200 | $340,600 | $244,900 |
| Median Rent | $1,467 | $1,390 | $1,163 |
| Median Income | $24,881 | $75,157 | $69,021 |
| Home Value To Income | 22.2x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.71x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
New Square, NY Costs By Category
Detailed New Square Services Costs Vs. New York
| Item | New Square | 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 |
Detailed New Square Groceries Costs Vs. New York
| Item | New Square | 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 |
Detailed New Square Health Costs Vs. New York
| Item | New Square | New York |
|---|---|---|
| Optometrist | $127.5 | $108.57 |
| Doctor | $118.17 | $116.17 |
| Dentist | $132.27 | $99.13 |
Detailed New Square Transportation Costs Vs. New York
| Item | New Square | New York |
|---|---|---|
| Gasoline | $2.33 | $2.22 |
| Tire Balancing | $69.75 | $50.07 |
Detailed New Square Utilities Costs Vs. New York
| Item | New Square | New York |
|---|---|---|
| All Electricity | $261.22 | $167.67 |
| Phone | $178.6 | $175.64 |
New Square SnackAbility
/10
Cost Of Living In Cities Around New Square
The cost of living varies in the cities and towns around New Square. 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, 0.9x New Square.
Monsey, NY has a cost of living index of 155, 1.1x New Square.
Eastchester, NY has a cost of living index of 163, 1.2x New Square.
| City | Population | Cost Of Living | Vs. New Square |
|---|---|---|---|
| Spring Valley, NY | 32,953 | 122 | 0.9x |
| Monsey, NY | 27,359 | 155 | 1.1x |
| Eastchester, NY | 20,636 | 163 | 1.2x |
| Nanuet, NY | 19,624 | 145 | 1.1x |
| Scarsdale, NY | 18,063 | 265 | 1.9x |
| Dobbs Ferry, NY | 11,511 | 169 | 1.2x |
| Hillcrest, NY | 8,667 | 143 | 1.1x |
| Briarcliff Manor, NY | 7,587 | 175 | 1.3x |
| Pleasantville, NY | 7,469 | 164 | 1.2x |
| Tappan, NY | 7,153 | 159 | 1.2x |
