Nyack, NY Cost Of Living
Cost Of Living In Nyack, NY Summary
Cost of living in Nyack 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 Nyack 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 Nyack is 148, with 100 being the average.
The cost of living index in Nyack is 1.5x higher than the national average.
Nyack ranks as the #236 cheapest in New York out of 340.
Nyack ranks as the #5,800 cheapest out of 6,412 in the US.
The median home value in Nyack is $526,300.
The median income in Nyack is $95,000.
Table Of Contents
Nyack's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Nyack, NY?
According to the most recent data on the cost of living, Nyack has an overall cost of living index of 148, which is 1.5x higher than the national index of 100.
Compared to New York, Nyack has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Nyack ranks as #236 most affordable out of the 340 places we measured in New York. By definition, that implies Nyack ranks as the #104 most expensive place in the Empire State.
For more reading on life in Nyack, check out:
- Living In Nyack
- Search Homes For Sale In Nyack, NY
In New York
In America
Nyack Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Nyack. Here is how it fairs on each of the criteria:
The Services index in Nyack is 124.
The Groceries index in Nyack is 107.
The Health index in Nyack is 117.
The Housing index in Nyack is 215.
The Transportation index in Nyack is 117.
The Utilities index in Nyack is 129.
| Living Expense | Nyack | New York | National Average | |
|---|---|---|---|---|
| Overall | 148 | 126 | 100 | |
| Services | 124 | 110 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 117 | 105 | 100 | |
| Housing | 215 | 175 | 100 | |
| Transportation | 117 | 107 | 100 | |
| Utilities | 129 | 102 | 100 | |
Nyack, 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 Nyack is $526,300.
The Median Rent in Nyack is $2,109.
The Median Income in Nyack is $95,000.
The Home Value To Income in Nyack is 5.5x.
The Rent To Monthly Income in Nyack is 0.27x.
| Statistic | Nyack | New York | United States |
|---|---|---|---|
| Median Home Value | $526,300 | $340,600 | $244,900 |
| Median Rent | $2,109 | $1,390 | $1,163 |
| Median Income | $95,000 | $75,157 | $69,021 |
| Home Value To Income | 5.5x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Nyack, NY Costs By Category
Detailed Nyack Services Costs Vs. New York
Detailed Nyack Groceries Costs Vs. New York
Detailed Nyack Health Costs Vs. New York
Detailed Nyack Transportation Costs Vs. New York
Detailed Nyack Utilities Costs Vs. New York
Nyack SnackAbility
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Cost Of Living In Cities Around Nyack
The cost of living varies in the cities and towns around Nyack. 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, 1.1x Nyack.
Mamaroneck, NY has a cost of living index of 165, 1.1x Nyack.
Sleepy Hollow, NY has a cost of living index of 164, 1.1x Nyack.
| City | Population | Cost Of Living | Vs. Nyack |
|---|---|---|---|
| Eastchester, NY | 20,636 | 163 | 1.1x |
| Mamaroneck, NY | 19,989 | 165 | 1.1x |
| Sleepy Hollow, NY | 10,176 | 164 | 1.1x |
| Valley Cottage, NY | 8,749 | 145 | 1.0x |
| Briarcliff Manor, NY | 7,587 | 175 | 1.2x |
| Pleasantville, NY | 7,469 | 164 | 1.1x |
| Tappan, NY | 7,153 | 159 | 1.1x |
| Irvington, NY | 6,594 | 171 | 1.2x |
| Bronxville, NY | 6,569 | 221 | 1.5x |
| Larchmont, NY | 6,532 | 223 | 1.5x |
