Cost of living in Rocky Point 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 Rocky Point 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 Rocky Point is 126, with 100 being the average.
The cost of living index in Rocky Point is 1.3x higher than the national average.
Rocky Point ranks as the #133 cheapest in New York out of 340.
Rocky Point ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Rocky Point is $341,100.
The median income in Rocky Point is $106,691.
According to the most recent data on the cost of living, Rocky Point has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to New York, Rocky Point has a cost of living index that's 1.0x lower than New York's index of 126.
The standard of living in Rocky Point ranks as #133 most affordable out of the 340 places we measured in New York. By definition, that implies Rocky Point ranks as the #207 most expensive place in the Empire State.
For more reading on life in Rocky Point, check out:
Six factors go into calculating the cost of living index in Rocky Point. Here is how it fairs on each of the criteria:
The Services index in Rocky Point is 118.
The Groceries index in Rocky Point is 107.
The Health index in Rocky Point is 111.
The Housing index in Rocky Point is 153.
The Transportation index in Rocky Point is 106.
The Utilities index in Rocky Point is 147.
Living Expense | Rocky Point | New York | National Average | |
---|---|---|---|---|
Overall | 126 | 126 | 100 | |
Services | 118 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 111 | 105 | 100 | |
Housing | 153 | 175 | 100 | |
Transportation | 106 | 107 | 100 | |
Utilities | 147 | 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 Rocky Point is $341,100.
The Median Rent in Rocky Point is $1,622.
The Median Income in Rocky Point is $106,691.
The Home Value To Income in Rocky Point is 3.2x.
The Rent To Monthly Income in Rocky Point is 0.18x.
Statistic | Rocky Point | New York | United States |
---|---|---|---|
Median Home Value | $341,100 | $340,600 | $244,900 |
Median Rent | $1,622 | $1,390 | $1,163 |
Median Income | $106,691 | $75,157 | $69,021 |
Home Value To Income | 3.2x | 4.5x | 3.5x |
Rent To Monthly Income | 0.18x | 0.22x | 0.2x |
Item | Rocky Point | New York |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $11.57 | $10.68 |
Bowling | $17.47 | $14.67 |
Haircut | $27.97 | $18.62 |
Beauty Salon | $47.72 | $39.05 |
Item | Rocky Point | New York |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.51 | $1.39 |
Milk | $2.52 | $2.05 |
Potatoes | $4.12 | $3.29 |
Pizza | $9.41 | $10.62 |
Beer | $10.04 | $9.38 |
Toothpaste | $2.08 | $2.34 |
Item | Rocky Point | New York |
---|---|---|
Optometrist | $112.13 | $108.57 |
Doctor | $130.27 | $116.17 |
Dentist | $107.76 | $99.13 |
Item | Rocky Point | New York |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $56.11 | $50.07 |
Item | Rocky Point | New York |
---|---|---|
All Electricity | $302.49 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Rocky Point. Here's a quick look at the cost of living in the most populous nearby places:
Coram, NY has a cost of living index of 134, 1.1x Rocky Point.
Commack, NY has a cost of living index of 153, 1.2x Rocky Point.
Smithtown, NY has a cost of living index of 150, 1.2x Rocky Point.
City | Population | Cost Of Living | Vs. Rocky Point |
---|---|---|---|
Coram, NY | 41,431 | 134 | 1.1x |
Commack, NY | 36,252 | 153 | 1.2x |
Smithtown, NY | 26,257 | 150 | 1.2x |
Farmingville, NY | 16,909 | 134 | 1.1x |
St. James, NY | 13,945 | 145 | 1.2x |
Nesconset, NY | 13,313 | 152 | 1.2x |
Ridge, NY | 12,931 | 127 | 1.0x |
East Islip, NY | 12,596 | 145 | 1.2x |
Miller Place, NY | 12,243 | 143 | 1.1x |
Stony Brook, NY | 12,048 | 156 | 1.2x |