Cost of living in Syosset 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 Syosset 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 Syosset is 177, with 100 being the average.
The cost of living index in Syosset is 1.8x higher than the national average.
Syosset ranks as the #316 cheapest in New York out of 340.
Syosset ranks as the #6,193 cheapest out of 6,412 in the US.
The median home value in Syosset is $690,800.
The median income in Syosset is $165,727.
According to the most recent data on the cost of living, Syosset has an overall cost of living index of 177, which is 1.8x higher than the national index of 100.
Compared to New York, Syosset has a cost of living index that's 1.4x higher than New York's index of 126.
The standard of living in Syosset ranks as #316 most affordable out of the 340 places we measured in New York. By definition, that implies Syosset ranks as the #24 most expensive place in the Empire State.
For more reading on life in Syosset, check out:
Six factors go into calculating the cost of living index in Syosset. Here is how it fairs on each of the criteria:
The Services index in Syosset is 124.
The Groceries index in Syosset is 104.
The Health index in Syosset is 119.
The Housing index in Syosset is 314.
The Transportation index in Syosset is 116.
The Utilities index in Syosset is 130.
Living Expense | Syosset | New York | National Average | |
---|---|---|---|---|
Overall | 177 | 126 | 100 | |
Services | 124 | 110 | 100 | |
Groceries | 104 | 104 | 100 | |
Health | 119 | 105 | 100 | |
Housing | 314 | 175 | 100 | |
Transportation | 116 | 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 Syosset is $690,800.
The Median Rent in Syosset is -.
The Median Income in Syosset is $165,727.
The Home Value To Income in Syosset is 4.2x.
The Rent To Monthly Income in Syosset is nanx.
Statistic | Syosset | New York | United States |
---|---|---|---|
Median Home Value | $690,800 | $340,600 | $244,900 |
Median Rent | - | $1,390 | $1,163 |
Median Income | $165,727 | $75,157 | $69,021 |
Home Value To Income | 4.2x | 4.5x | 3.5x |
Rent To Monthly Income | nanx | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Syosset. 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, 0.8x Syosset.
Plainview, NY has a cost of living index of 155, 0.9x Syosset.
Massapequa, NY has a cost of living index of 163, 0.9x Syosset.
City | Population | Cost Of Living | Vs. Syosset |
---|---|---|---|
Levittown, NY | 52,540 | 140 | 0.8x |
Plainview, NY | 26,665 | 155 | 0.9x |
Massapequa, NY | 22,249 | 163 | 0.9x |
Merrick, NY | 20,990 | 172 | 1.0x |
Woodmere, NY | 17,267 | 176 | 1.0x |
Massapequa Park, NY | 17,149 | 157 | 0.9x |
North New Hyde Park, NY | 15,125 | 170 | 1.0x |
Jericho, NY | 14,526 | 183 | 1.0x |
Woodbury, NY | 9,111 | 131 | 0.7x |
Malverne, NY | 8,583 | 149 | 0.8x |