Cost of Living in Cold Spring Harbor, NY

F
137%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
429%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Cold Spring Harbor New York National
Cost of living237117100
Goods & Services113108100
Groceries105102100
Health care110103100
Housing529145100
Transportation102105100
Utilities131100100
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Cost Of Living Quick Facts

  • The cost of living in Cold Spring Harbor is 103% higher than the New York average
  • The cost of living in Cold Spring Harbor is 137% higher than the national average
  • Cold Spring Harbor housing is 429% 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

Most Affordable Places to Live in and Around Cold Spring Harbor

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Compare Cold Spring Harbor, NY Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$250,001$20,833$5,833$7,501
      Renters$185,227$15,436$4,322$5,557
      To approximate the cost of living and the housing affordability in Cold Spring Harbor, NY, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Cold Spring Harbor have a median income of $250,001. Therefore, the amount that a consumer should spend on housing costs should be no more than $5,833 per month to avoid calamity and poverty. The renters in the city have an income of about $185,227, which would make their monthly maximum allowable rental costs $4,322.

      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 Cold Spring Harbor National avg. Difference
      Haircut $32.33$24.2633.3%
      Beauty Salon $48.56$45.566.6%
      Toothpaste $3.66$3.701.1%
      Shampoo $1.50$1.2817.4%
      Movie $13.76$12.1313.4%
      Bowling $19.63$18.009.0%

      Groceries

      Item Cold Spring Harbor National avg. Difference
      Ground Beef $6.34$5.848.6%
      Fried Chicken $1.61$1.572.4%
      Milk $4.73$4.671.2%
      Potatoes $5.03$4.931.9%
      Pizza $10.07$12.0916.7%
      Beer $10.62$10.412.0%

      Health Care

      Item Cold Spring Harbor National avg. Difference
      Optometrist $140.10$125.6811.5%
      Doctor $143.23$135.785.5%
      Dentist $123.00$113.298.6%
      Ibuprofen $11.00$10.653.3%
      Lipitor $401.34$468.6014.4%

      Housing

      Item Cold Spring Harbor National avg. Difference
      Home Price $1,172,400.00$184,700.00534.8%
      Avg. Mortgage Payment $1,857.27$2,346.6920.9%
      Apartment Rent $2,674.00$949.00181.8%

      Transportation

      Item Cold Spring Harbor National avg. Difference
      Gasoline $3.33$3.463.7%
      Tire Balancing $57.68$59.923.7%

      Utilities

      Item Cold Spring Harbor National avg. Difference
      All Electricity $281.67$193.9945.2%
      Phone $185.16$192.253.7%
      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.
      Saltaire, NY2511212.4%
      Wyandanch, NY11,63212726.6%
      Central Islip, NY33,59113029.6%
      Brentwood, NY62,74313029.8%
      North Bay Shore, NY19,72813030.2%
      Cold Spring Harbor, NY2,864237137.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ithaca, MI2,8648317.2%
      New Madrid, MO2,8638019.7%
      Oak Grove, VA2,86314949.1%
      Great Neck Estates, NY2,865271171.5%
      Elgin, SC2,8658910.9%
      Cold Spring Harbor, NY2,864237137.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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