Wading River, NY Cost Of Living
Cost Of Living In Wading River, NY Summary
Cost of living in Wading River 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 Wading River 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 Wading River is 140, with 100 being the average.
The cost of living index in Wading River is 1.4x higher than the national average.
Wading River ranks as the #188 cheapest in New York out of 340.
Wading River ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Wading River is $416,000.
The median income in Wading River is $127,544.
Table Of Contents
Wading River's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wading River, NY?
According to the most recent data on the cost of living, Wading River has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to New York, Wading River has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Wading River ranks as #188 most affordable out of the 340 places we measured in New York. By definition, that implies Wading River ranks as the #152 most expensive place in the Empire State.
For more reading on life in Wading River, check out:
- Living In Wading River
- Search Homes For Sale In Wading River, NY
In New York
In America
Wading River Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Wading River. Here is how it fairs on each of the criteria:
The Services index in Wading River is 118.
The Groceries index in Wading River is 104.
The Health index in Wading River is 111.
The Housing index in Wading River is 201.
The Transportation index in Wading River is 105.
The Utilities index in Wading River is 145.
| Living Expense | Wading River | New York | National Average | |
|---|---|---|---|---|
| Overall | 140 | 126 | 100 | |
| Services | 118 | 110 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 111 | 105 | 100 | |
| Housing | 201 | 175 | 100 | |
| Transportation | 105 | 107 | 100 | |
| Utilities | 145 | 102 | 100 | |
Wading River, 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 Wading River is $416,000.
The Median Rent in Wading River is $2,791.
The Median Income in Wading River is $127,544.
The Home Value To Income in Wading River is 3.3x.
The Rent To Monthly Income in Wading River is 0.26x.
| Statistic | Wading River | New York | United States |
|---|---|---|---|
| Median Home Value | $416,000 | $340,600 | $244,900 |
| Median Rent | $2,791 | $1,390 | $1,163 |
| Median Income | $127,544 | $75,157 | $69,021 |
| Home Value To Income | 3.3x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Wading River, NY Costs By Category
Detailed Wading River Services Costs Vs. New York
| Item | Wading River | 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 |
Detailed Wading River Groceries Costs Vs. New York
| Item | Wading River | 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 |
Detailed Wading River Health Costs Vs. New York
| Item | Wading River | New York |
|---|---|---|
| Optometrist | $112.13 | $108.57 |
| Doctor | $130.27 | $116.17 |
| Dentist | $107.76 | $99.13 |
Detailed Wading River Transportation Costs Vs. New York
| Item | Wading River | New York |
|---|---|---|
| Gasoline | $2.3 | $2.22 |
| Tire Balancing | $56.11 | $50.07 |
Detailed Wading River Utilities Costs Vs. New York
| Item | Wading River | New York |
|---|---|---|
| All Electricity | $302.49 | $167.67 |
| Phone | $178.6 | $175.64 |
Wading River SnackAbility
/10
Cost Of Living In Cities Around Wading River
The cost of living varies in the cities and towns around Wading River. Here's a quick look at the cost of living in the most populous nearby places:
Medford, NY has a cost of living index of 132, 0.9x Wading River.
Selden, NY has a cost of living index of 134, 1.0x Wading River.
Farmingville, NY has a cost of living index of 134, 1.0x Wading River.
| City | Population | Cost Of Living | Vs. Wading River |
|---|---|---|---|
| Medford, NY | 24,702 | 132 | 0.9x |
| Selden, NY | 21,265 | 134 | 1.0x |
| Farmingville, NY | 16,909 | 134 | 1.0x |
| Riverhead, NY | 14,315 | 129 | 0.9x |
| St. James, NY | 13,945 | 145 | 1.0x |
| Rocky Point, NY | 13,406 | 126 | 0.9x |
| Nesconset, NY | 13,313 | 152 | 1.1x |
| Ridge, NY | 12,931 | 127 | 0.9x |
| Manorville, NY | 12,106 | 140 | 1.0x |
| Stony Brook, NY | 12,048 | 156 | 1.1x |
