F
33%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
81%
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 East Patchogue New York National
Cost of living133117100
Goods & Services113108100
Groceries105102100
Health care110103100
Housing181145100
Transportation102105100
Utilities131100100

An Overview of Cost of Living in East Patchogue, NY

Understanding the cost of living in East Patchogue can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The East Patchogue cost of living index is 133, which is 33% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in East Patchogue is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, East Patchogue falls into this category, which may not be suitable for those seeking an economically favorable living environment.

Housing costs are a major factor in the East Patchogue cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 80.6% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Recurring goods and services expenses like haircuts, toothpaste, gym memberships and movie nights are a big part of your spending and make up 33% of the cost of living index. In East Patchogue, these items will cost you 12.9% more than what most folks pay, making it a bit more expensive to live here.

Is East Patchogue Affordable?

Is East Patchogue an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in East Patchogue, the median home price is 88.4% higher than what most folks pay across the country, and monthly rent prices are 62.5% higher than the usual rates. Income levels in East Patchogue come in at $89,222, which is 61.3% higher than the national average.

What Factors can Influence the Cost of Living in East Patchogue?

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In East Patchogue, the housing index comes in at 80.6% higher than the national average.

Where is the Data From?

The East Patchogue cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in East Patchogue is 14% higher than the New York average
  • The cost of living in East Patchogue is 33% higher than the national average
  • East Patchogue housing is 81% 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 East Patchogue

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Compare East Patchogue, 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$108,932$9,078$2,542$3,268
      Renters$41,902$3,492$978$1,257
      The affordability of the housing market in East Patchogue, NY as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among East Patchogue homeowners, the median income is $108,932. This indicates that a monthly maximum of $2,542 should be spent by homeowners on all housing related costs. Renters have a median income of $41,902. This indicates that renters would have a maximum of $978 for their rent related monthly costs.

      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 East Patchogue 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 East Patchogue 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 East Patchogue 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 East Patchogue National avg. Difference
      Home Price $348,000.00$184,700.0088.4%
      Avg. Mortgage Payment $1,857.27$2,346.6920.9%
      Apartment Rent $1,542.00$949.0062.5%

      Transportation

      Item East Patchogue National avg. Difference
      Gasoline $3.33$3.463.7%
      Tire Balancing $57.68$59.923.7%

      Utilities

      Item East Patchogue 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.
      Ocean Beach, NY3111212.4%
      Stony Brook University, NY8,57411212.4%
      Saltaire, NY2511212.4%
      Calverton, NY5,28011818.2%
      Mastic Beach, NY15,61012120.8%
      East Patchogue, NY22,01613332.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Essex, ON22,025n/a 
      King of Prussia, PA22,02812524.9%
      Fairhope, AL22,03511615.9%
      Ruston, LA21,9878811.6%
      Martha Lake, WA21,98715251.9%
      East Patchogue, NY22,01613332.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.