Cost of living in Scarsdale 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 Scarsdale 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 Scarsdale is 265, with 100 being the average.
The cost of living index in Scarsdale is 2.6x higher than the national average.
Scarsdale ranks as the #339 cheapest in New York out of 340.
Scarsdale ranks as the #6,389 cheapest out of 6,412 in the US.
The median home value in Scarsdale is $1,474,000.
The median income in Scarsdale is $250,001.
According to the most recent data on the cost of living, Scarsdale has an overall cost of living index of 265, which is 2.6x higher than the national index of 100.
Compared to New York, Scarsdale has a cost of living index that's 2.1x higher than New York's index of 126.
The standard of living in Scarsdale ranks as #339 most affordable out of the 340 places we measured in New York. By definition, that implies Scarsdale ranks as the #1 most expensive place in the Empire State.
For more reading on life in Scarsdale, check out:
Six factors go into calculating the cost of living index in Scarsdale. Here is how it fairs on each of the criteria:
The Services index in Scarsdale is 124.
The Groceries index in Scarsdale is 107.
The Health index in Scarsdale is 118.
The Housing index in Scarsdale is 608.
The Transportation index in Scarsdale is 117.
The Utilities index in Scarsdale is 130.
Living Expense | Scarsdale | New York | National Average | |
---|---|---|---|---|
Overall | 265 | 126 | 100 | |
Services | 124 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 118 | 105 | 100 | |
Housing | 608 | 175 | 100 | |
Transportation | 117 | 107 | 100 | |
Utilities | 130 | 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 Scarsdale is $1,474,000.
The Median Rent in Scarsdale is $3,401.
The Median Income in Scarsdale is $250,001.
The Home Value To Income in Scarsdale is 5.9x.
The Rent To Monthly Income in Scarsdale is 0.16x.
Statistic | Scarsdale | New York | United States |
---|---|---|---|
Median Home Value | $1,474,000 | $340,600 | $244,900 |
Median Rent | $3,401 | $1,390 | $1,163 |
Median Income | $250,001 | $75,157 | $69,021 |
Home Value To Income | 5.9x | 4.5x | 3.5x |
Rent To Monthly Income | 0.16x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Scarsdale. Here's a quick look at the cost of living in the most populous nearby places:
White Plains, NY has a cost of living index of 156, 0.6x Scarsdale.
Harrison, NY has a cost of living index of 191, 0.7x Scarsdale.
Eastchester, NY has a cost of living index of 163, 0.6x Scarsdale.
City | Population | Cost Of Living | Vs. Scarsdale |
---|---|---|---|
White Plains, NY | 59,452 | 156 | 0.6x |
Harrison, NY | 28,635 | 191 | 0.7x |
Eastchester, NY | 20,636 | 163 | 0.6x |
Syosset, NY | 19,347 | 177 | 0.7x |
North New Hyde Park, NY | 15,125 | 170 | 0.6x |
Jericho, NY | 14,526 | 183 | 0.7x |
Greenville, OH | 12,785 | 77 | 0.3x |
Briarcliff Manor, NY | 7,587 | 175 | 0.7x |
Williston Park, NY | 7,571 | 163 | 0.6x |
Pleasantville, NY | 7,469 | 164 | 0.6x |