Westmere, NY Cost Of Living
Cost Of Living In Westmere, NY Summary
Cost of living in Westmere 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 Westmere 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 Westmere is 111, with 100 being the average.
The cost of living index in Westmere is 1.1x higher than the national average.
Westmere ranks as the #111 cheapest in New York out of 340.
Westmere ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Westmere is $242,600.
The median income in Westmere is $74,070.
Table Of Contents
Westmere's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Westmere, NY?
According to the most recent data on the cost of living, Westmere has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to New York, Westmere has a cost of living index that's 0.9x lower than New York's index of 126.
The standard of living in Westmere ranks as #111 most affordable out of the 340 places we measured in New York. By definition, that implies Westmere ranks as the #229 most expensive place in the Empire State.
For more reading on life in Westmere, check out:
- Living In Westmere
- Search Homes For Sale In Westmere, NY
In New York
In America
Westmere Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Westmere. Here is how it fairs on each of the criteria:
The Services index in Westmere is 109.
The Groceries index in Westmere is 114.
The Health index in Westmere is 104.
The Housing index in Westmere is 126.
The Transportation index in Westmere is 103.
The Utilities index in Westmere is 100.
| Living Expense | Westmere | New York | National Average | |
|---|---|---|---|---|
| Overall | 111 | 126 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 114 | 104 | 100 | |
| Health | 104 | 105 | 100 | |
| Housing | 126 | 175 | 100 | |
| Transportation | 103 | 107 | 100 | |
| Utilities | 100 | 102 | 100 | |
Westmere, 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 Westmere is $242,600.
The Median Rent in Westmere is $1,329.
The Median Income in Westmere is $74,070.
The Home Value To Income in Westmere is 3.3x.
The Rent To Monthly Income in Westmere is 0.22x.
| Statistic | Westmere | New York | United States |
|---|---|---|---|
| Median Home Value | $242,600 | $340,600 | $244,900 |
| Median Rent | $1,329 | $1,390 | $1,163 |
| Median Income | $74,070 | $75,157 | $69,021 |
| Home Value To Income | 3.3x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Westmere, NY Costs By Category
Detailed Westmere Services Costs Vs. New York
Detailed Westmere Groceries Costs Vs. New York
Detailed Westmere Health Costs Vs. New York
Detailed Westmere Transportation Costs Vs. New York
Detailed Westmere Utilities Costs Vs. New York
Westmere SnackAbility
/10
Cost Of Living In Cities Around Westmere
The cost of living varies in the cities and towns around Westmere. Here's a quick look at the cost of living in the most populous nearby places:
Albany, NY has a cost of living index of 104, 0.9x Westmere.
Schenectady, NY has a cost of living index of 97, 0.9x Westmere.
Troy, NY has a cost of living index of 101, 0.9x Westmere.
| City | Population | Cost Of Living | Vs. Westmere |
|---|---|---|---|
| Albany, NY | 99,402 | 104 | 0.9x |
| Schenectady, NY | 66,809 | 97 | 0.9x |
| Troy, NY | 50,717 | 101 | 0.9x |
| Rotterdam, NY | 22,584 | 104 | 0.9x |
| Niskayuna, NY | 20,369 | 110 | 1.0x |
| Cohoes, NY | 17,931 | 101 | 0.9x |
| East Glenville, NY | 11,687 | 109 | 1.0x |
| Watervliet, NY | 10,363 | 97 | 0.9x |
| Rensselaer, NY | 9,330 | 100 | 0.9x |
| Colonie, NY | 7,792 | 107 | 1.0x |
