Smithtown, NY Cost Of Living
Cost Of Living In Smithtown, NY Summary
Cost of living in Smithtown 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 Smithtown 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 Smithtown is 150, with 100 being the average.
The cost of living index in Smithtown is 1.5x higher than the national average.
Smithtown ranks as the #243 cheapest in New York out of 340.
Smithtown ranks as the #5,843 cheapest out of 6,412 in the US.
The median home value in Smithtown is $576,800.
The median income in Smithtown is $145,285.
Table Of Contents
Smithtown's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Smithtown, NY?
According to the most recent data on the cost of living, Smithtown has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to New York, Smithtown has a cost of living index that's 1.2x higher than New York's index of 126.
The standard of living in Smithtown ranks as #243 most affordable out of the 340 places we measured in New York. By definition, that implies Smithtown ranks as the #97 most expensive place in the Empire State.
For more reading on life in Smithtown, check out:
- Living In Smithtown
- Search Homes For Sale In Smithtown, NY
In New York
In America
Smithtown Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Smithtown. Here is how it fairs on each of the criteria:
The Services index in Smithtown is 123.
The Groceries index in Smithtown is 105.
The Health index in Smithtown is 119.
The Housing index in Smithtown is 218.
The Transportation index in Smithtown is 117.
The Utilities index in Smithtown is 129.
| Living Expense | Smithtown | New York | National Average | |
|---|---|---|---|---|
| Overall | 150 | 126 | 100 | |
| Services | 123 | 110 | 100 | |
| Groceries | 105 | 104 | 100 | |
| Health | 119 | 105 | 100 | |
| Housing | 218 | 175 | 100 | |
| Transportation | 117 | 107 | 100 | |
| Utilities | 129 | 102 | 100 | |
Smithtown, 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 Smithtown is $576,800.
The Median Rent in Smithtown is $1,574.
The Median Income in Smithtown is $145,285.
The Home Value To Income in Smithtown is 4.0x.
The Rent To Monthly Income in Smithtown is 0.13x.
| Statistic | Smithtown | New York | United States |
|---|---|---|---|
| Median Home Value | $576,800 | $340,600 | $244,900 |
| Median Rent | $1,574 | $1,390 | $1,163 |
| Median Income | $145,285 | $75,157 | $69,021 |
| Home Value To Income | 4.0x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Smithtown, NY Costs By Category
Detailed Smithtown Services Costs Vs. New York
Detailed Smithtown Groceries Costs Vs. New York
Detailed Smithtown Health Costs Vs. New York
Detailed Smithtown Transportation Costs Vs. New York
Detailed Smithtown Utilities Costs Vs. New York
Smithtown SnackAbility
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Cost Of Living In Cities Around Smithtown
The cost of living varies in the cities and towns around Smithtown. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, NY has a cost of living index of 140, 0.9x Smithtown.
Commack, NY has a cost of living index of 153, 1.0x Smithtown.
Plainview, NY has a cost of living index of 155, 1.0x Smithtown.
| City | Population | Cost Of Living | Vs. Smithtown |
|---|---|---|---|
| Levittown, NY | 52,540 | 140 | 0.9x |
| Commack, NY | 36,252 | 153 | 1.0x |
| Plainview, NY | 26,665 | 155 | 1.0x |
| Massapequa, NY | 22,249 | 163 | 1.1x |
| Hauppauge, NY | 19,967 | 152 | 1.0x |
| Syosset, NY | 19,347 | 177 | 1.2x |
| Massapequa Park, NY | 17,149 | 157 | 1.0x |
| Kings Park, NY | 16,008 | 147 | 1.0x |
| South Farmingdale, NY | 15,009 | 146 | 1.0x |
| Jericho, NY | 14,526 | 183 | 1.2x |
