Cost of living in Tappan 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 Tappan 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 Tappan is 159, with 100 being the average.
The cost of living index in Tappan is 1.6x higher than the national average.
Tappan ranks as the #278 cheapest in New York out of 340.
Tappan ranks as the #5,989 cheapest out of 6,412 in the US.
The median home value in Tappan is $506,800.
The median income in Tappan is $151,550.
According to the most recent data on the cost of living, Tappan has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to New York, Tappan has a cost of living index that's 1.3x higher than New York's index of 126.
The standard of living in Tappan ranks as #278 most affordable out of the 340 places we measured in New York. By definition, that implies Tappan ranks as the #62 most expensive place in the Empire State.
For more reading on life in Tappan, check out:
Six factors go into calculating the cost of living index in Tappan. Here is how it fairs on each of the criteria:
The Services index in Tappan is 122.
The Groceries index in Tappan is 105.
The Health index in Tappan is 119.
The Housing index in Tappan is 249.
The Transportation index in Tappan is 115.
The Utilities index in Tappan is 132.
Living Expense | Tappan | New York | National Average | |
---|---|---|---|---|
Overall | 159 | 126 | 100 | |
Services | 122 | 110 | 100 | |
Groceries | 105 | 104 | 100 | |
Health | 119 | 105 | 100 | |
Housing | 249 | 175 | 100 | |
Transportation | 115 | 107 | 100 | |
Utilities | 132 | 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 Tappan is $506,800.
The Median Rent in Tappan is $1,889.
The Median Income in Tappan is $151,550.
The Home Value To Income in Tappan is 3.3x.
The Rent To Monthly Income in Tappan is 0.15x.
Statistic | Tappan | New York | United States |
---|---|---|---|
Median Home Value | $506,800 | $340,600 | $244,900 |
Median Rent | $1,889 | $1,390 | $1,163 |
Median Income | $151,550 | $75,157 | $69,021 |
Home Value To Income | 3.3x | 4.5x | 3.5x |
Rent To Monthly Income | 0.15x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Tappan. Here's a quick look at the cost of living in the most populous nearby places:
Eastchester, NY has a cost of living index of 163, 1.0x Tappan.
Mamaroneck, NY has a cost of living index of 165, 1.0x Tappan.
Port Washington, NY has a cost of living index of 185, 1.2x Tappan.
City | Population | Cost Of Living | Vs. Tappan |
---|---|---|---|
Eastchester, NY | 20,636 | 163 | 1.0x |
Mamaroneck, NY | 19,989 | 165 | 1.0x |
Port Washington, NY | 16,807 | 185 | 1.2x |
Briarcliff Manor, NY | 7,587 | 175 | 1.1x |
Pleasantville, NY | 7,469 | 164 | 1.0x |
Irvington, NY | 6,594 | 171 | 1.1x |
Bronxville, NY | 6,569 | 221 | 1.4x |
Larchmont, NY | 6,532 | 223 | 1.4x |
Old Tappan, NJ | 5,870 | 196 | 1.2x |
Pelham Manor, NY | 5,698 | 204 | 1.3x |