Cost Of Living in Airmont, NY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Airmont	New York	National
Cost of living	152	117	100
Goods & Services	107	108	100
Groceries	102	102	100
Health care	96	103	100
Housing	260	145	100
Transportation	108	105	100
Utilities	111	100	100

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Cost Of Living Quick Facts

The cost of living in Airmont is 30% higher than the New York average
The cost of living in Airmont is 52% higher than the national average
Airmont housing is 160% higher than the national average
New York general sales tax is 22% lower than the national average
New York state income tax is 54% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$111,141	$9,262	$2,593	$3,335
Renters	$67,946	$5,662	$1,585	$2,039

A good indicator of the general affordability of housing in Airmont, NY, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Airmont, the median monthly income is $111,141 for those who own their own homes. Under the standard rule, that income level would allow for $2,593 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $67,946, per the median income in the area. That would allow for renters to spend up to $1,585 on monthly rental expenses.

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	10.9%

Goods & Services

Item	Airmont	National avg.	Difference
Haircut	$25.62	$24.26	5.6%
Beauty Salon	$41.67	$45.56	8.6%
Toothpaste	$3.72	$3.70	0.4%
Shampoo	$1.48	$1.28	15.6%
Movie	$15.78	$12.13	30.1%
Bowling	$21.00	$18.00	16.7%

Groceries

Item	Airmont	National avg.	Difference
Ground Beef	$5.65	$5.84	3.3%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.71	$4.67	0.7%
Potatoes	$5.37	$4.93	8.8%
Pizza	$11.49	$12.09	4.9%
Beer	$11.33	$10.41	8.8%

Health Care

Item	Airmont	National avg.	Difference
Optometrist	$157.11	$125.68	25.0%
Doctor	$115.59	$135.78	14.9%
Dentist	$124.27	$113.29	9.7%
Ibuprofen	$11.15	$10.65	4.6%
Lipitor	$451.73	$468.60	3.6%

Housing

Item	Airmont	National avg.	Difference
Home Price	$556,400.00	$184,700.00	201.2%
Avg. Mortgage Payment	$3,568.94	$2,346.69	52.1%
Apartment Rent	$1,559.00	$949.00	64.3%

Transportation

Item	Airmont	National avg.	Difference
Gasoline	$3.41	$3.46	1.4%
Tire Balancing	$82.67	$59.92	38.0%

Utilities

Item	Airmont	National avg.	Difference
All Electricity	$236.04	$193.99	21.7%
Phone	$186.61	$192.25	2.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Greenville CDP (Greene County), NY	604	106	6.1%
Greenwood Lake, NY	3,080	110	9.8%
Paterson, NJ	145,484	115	15.3%
Mount Ivy, NY	7,390	122	21.6%
Haverstraw, NY	12,076	123	22.7%
Airmont, NY	8,771	152	52.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Thomaston, GA	8,771	84	16.1%
Rockingham, NC	8,771	86	13.7%
Laurel Hill, VA	8,771	152	51.9%
Pingree Grove, IL	8,768	111	11.4%
Kulpsville, PA	8,768	115	15.3%
Airmont, NY	8,771	152	52.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Airmont, NY