Cost of living in Sound Beach 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 Sound Beach 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 Sound Beach is 129, with 100 being the average.
The cost of living index in Sound Beach is 1.3x higher than the national average.
Sound Beach ranks as the #145 cheapest in New York out of 340.
Sound Beach ranks as the #5,222 cheapest out of 6,412 in the US.
The median home value in Sound Beach is $329,000.
The median income in Sound Beach is $114,694.
According to the most recent data on the cost of living, Sound Beach has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to New York, Sound Beach has a cost of living index that's 1.0x higher than New York's index of 126.
The standard of living in Sound Beach ranks as #145 most affordable out of the 340 places we measured in New York. By definition, that implies Sound Beach ranks as the #195 most expensive place in the Empire State.
For more reading on life in Sound Beach, check out:
Six factors go into calculating the cost of living index in Sound Beach. Here is how it fairs on each of the criteria:
The Services index in Sound Beach is 115.
The Groceries index in Sound Beach is 107.
The Health index in Sound Beach is 109.
The Housing index in Sound Beach is 154.
The Transportation index in Sound Beach is 108.
The Utilities index in Sound Beach is 146.
Living Expense | Sound Beach | New York | National Average | |
---|---|---|---|---|
Overall | 129 | 126 | 100 | |
Services | 115 | 110 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 109 | 105 | 100 | |
Housing | 154 | 175 | 100 | |
Transportation | 108 | 107 | 100 | |
Utilities | 146 | 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 Sound Beach is $329,000.
The Median Rent in Sound Beach is $2,284.
The Median Income in Sound Beach is $114,694.
The Home Value To Income in Sound Beach is 2.9x.
The Rent To Monthly Income in Sound Beach is 0.24x.
Statistic | Sound Beach | New York | United States |
---|---|---|---|
Median Home Value | $329,000 | $340,600 | $244,900 |
Median Rent | $2,284 | $1,390 | $1,163 |
Median Income | $114,694 | $75,157 | $69,021 |
Home Value To Income | 2.9x | 4.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
Item | Sound Beach | 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 | Sound Beach | 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 | Sound Beach | New York |
---|---|---|
Optometrist | $112.13 | $108.57 |
Doctor | $130.27 | $116.17 |
Dentist | $107.76 | $99.13 |
Item | Sound Beach | New York |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $56.11 | $50.07 |
Item | Sound Beach | New York |
---|---|---|
All Electricity | $302.49 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Sound Beach. Here's a quick look at the cost of living in the most populous nearby places:
Commack, NY has a cost of living index of 153, 1.2x Sound Beach.
Smithtown, NY has a cost of living index of 150, 1.2x Sound Beach.
Farmingville, NY has a cost of living index of 134, 1.0x Sound Beach.
City | Population | Cost Of Living | Vs. Sound Beach |
---|---|---|---|
Commack, NY | 36,252 | 153 | 1.2x |
Smithtown, NY | 26,257 | 150 | 1.2x |
Farmingville, NY | 16,909 | 134 | 1.0x |
St. James, NY | 13,945 | 145 | 1.1x |
Rocky Point, NY | 13,406 | 126 | 1.0x |
Nesconset, NY | 13,313 | 152 | 1.2x |
East Islip, NY | 12,596 | 145 | 1.1x |
Miller Place, NY | 12,243 | 143 | 1.1x |
Stony Brook, NY | 12,048 | 156 | 1.2x |
Middle Island, NY | 11,129 | 129 | 1.0x |