C-
1%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
11%
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 Middletown New York National
Cost of living101117100
Goods & Services92108100
Groceries99102100
Health care98103100
Housing111145100
Transportation95105100
Utilities105100100

An Overview of Cost of Living in Middletown, NY

The cost of living in Middletown affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Middletown is 101, which is 1% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

Everyday expenditures like food, housing, goods and services, transportation and health care in Middletown are priced in a manner consistent with other areas. This means that residents of Middletown can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.

What Do Locals Say About the Cost of Living in Middletown?

The most insightful perspective on a city comes from its residents. We recently surveyed 7 locals to gauge their perception of the cost of living in Middletown. The feedback revealed that 29% of respondents found the cost of living to be reasonable, with prices on the decline, while 71% regarded it as notably expensive with prices that continue to rise.

Is Middletown Affordable?

Is Middletown an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Middletown is 0.8% higher than the national average, while the average monthly rent prices are 35.3% higher than average. The affordability of any location can also be influenced by median income levels. Middletown has a median household income of $58,235, which is 5.3% higher than the national average.

What Factors can Influence the Cost of Living in Middletown?

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Middletown, the utilities index is 4.7% higher than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Middletown, healthcare costs are 1.7% lower than the national average.

Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Middletown, the baseline sales tax rate begins at 4%, and income tax rates start at 4%.

Where is the Data From?

The Middletown cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Middletown is 14% lower than the New York average
  • The cost of living in Middletown is 1% higher than the national average
  • Middletown housing is 11% 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 Middletown

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Compare Middletown, 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$85,518$7,127$1,995$2,566
      Renters$38,414$3,201$896$1,153
      To approximate the cost of living and the housing affordability in Middletown, 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 Middletown have a median income of $85,518. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,995 per month to avoid calamity and poverty. The renters in the city have an income of about $38,414, which would make their monthly maximum allowable rental costs $896.

      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 Middletown National avg. Difference
      Haircut $15.07$24.2637.9%
      Beauty Salon $34.93$45.5623.3%
      Toothpaste $3.62$3.702.4%
      Shampoo $1.53$1.2819.2%
      Movie $10.20$12.1315.9%
      Bowling $13.92$18.0022.7%

      Groceries

      Item Middletown National avg. Difference
      Ground Beef $5.70$5.842.3%
      Fried Chicken $1.36$1.5713.2%
      Milk $4.59$4.671.7%
      Potatoes $5.35$4.938.5%
      Pizza $9.94$12.0917.7%
      Beer $11.82$10.4113.6%

      Health Care

      Item Middletown National avg. Difference
      Optometrist $107.51$125.6814.5%
      Doctor $98.82$135.7827.2%
      Dentist $136.17$113.2920.2%
      Ibuprofen $10.78$10.651.2%
      Lipitor $480.97$468.602.6%

      Housing

      Item Middletown National avg. Difference
      Home Price $186,200.00$184,700.000.8%
      Avg. Mortgage Payment $1,547.84$2,346.6934.0%
      Apartment Rent $1,284.00$949.0035.3%

      Transportation

      Item Middletown National avg. Difference
      Gasoline $3.64$3.465.2%
      Tire Balancing $42.06$59.9229.8%

      Utilities

      Item Middletown National avg. Difference
      All Electricity $205.85$193.996.1%
      Phone $196.00$192.252.0%
      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.
      Monticello, NY6,429918.9%
      Port Jervis, NY8,541928.2%
      Wurtsboro, NY1,014963.9%
      Maybrook, NY3,5861098.8%
      Otisville, NY1,515981.7%
      Middletown, NY28,0181010.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Zionsville, IN28,03512827.7%
      East Chicago, IN28,0448712.7%
      Bethany, OR28,04715858.3%
      Melrose, MA28,05416767.2%
      Saratoga Springs, NY28,05612525.5%
      Middletown, NY28,0181010.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.