F
73%
Overall NAT. AVG.
27%
Goods & Services NAT. AVG.
200%
Housing NAT. AVG.
Search Homes for Sale
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 Rockville Centre New York National
Cost of living173117100
Goods & Services127108100
Groceries113102100
Health care121103100
Housing300145100
Transportation115105100
Utilities102100100

An Overview of Cost of Living in Rockville Centre, NY

Getting a feel for the cost of living in Rockville Centre is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Rockville Centre is 173, which is 73% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Rockville Centre is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Rockville Centre falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs make up a big chunk of the cost of living in Rockville Centre, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 199.6% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

Goods and services make up 33% of the total cost of living index score and are a large part of your everyday expenses. These items could include things like haircuts, salons, toothpaste, shampoo, clothes, movies, bowling, gym memberships or yoga. In Rockville Centre, you can expect to pay 26.8% more than average for these items, making it a more expensive place to live.

The substantial and relentless rise in grocery prices definitely warrants some attention. Over the past two years, grocery expenses have escalated by more than 10%. Having said that, the situation in Rockville Centre is even less favorable, with grocery prices here being 13.4% higher than the national average.

Is Rockville Centre Affordable?

Wondering if Rockville Centre is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Rockville Centre, for example, the median home price is 253.7% higher than what folks pay nationally, and monthly rent is 73.3% higher than the usual rates. Plus, income levels matter too, with Rockville Centre boasting a median household income of $118,254, which is 113.8% higher than the national average.

What Factors can Influence the Cost of Living in Rockville Centre?

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Rockville Centre, the groceries index is 13.4% higher than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Rockville Centre, healthcare costs are 20.6% higher than the national average.

Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including 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 offering fewer subsidies may experience a rise in their cost of living.

Where is the Data From?

The cost of living in Rockville Centre, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

New Real Estate Listings in Rockville Centre Area
Search Homes for Sale in Rockville Centre, NY

Cost Of Living Quick Facts

  • The cost of living in Rockville Centre is 48% higher than the New York average
  • The cost of living in Rockville Centre is 73% higher than the national average
  • Rockville Centre housing is 200% 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 Rockville Centre

See all the best places to live around Rockville Centre

Compare Rockville Centre, NY Cost of Living

      vs
      How would you rate the cost of living in Rockville Centre?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Rockville Centre?
      Write a review to give others more information about this area.
      See all Rockville Centre poll results

      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$164,762$13,730$3,844$4,943
      Renters$42,401$3,533$989$1,272
      To approximate the cost of living and the housing affordability in Rockville Centre, 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 Rockville Centre have a median income of $164,762. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,844 per month to avoid calamity and poverty. The renters in the city have an income of about $42,401, which would make their monthly maximum allowable rental costs $989.

      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 Rockville Centre National avg. Difference
      Haircut $34.94$24.2644.0%
      Beauty Salon $64.07$45.5640.6%
      Toothpaste $3.96$3.707.0%
      Shampoo $1.69$1.2832.3%
      Movie $13.68$12.1312.8%
      Bowling $29.40$18.0063.3%

      Groceries

      Item Rockville Centre National avg. Difference
      Ground Beef $5.87$5.840.6%
      Fried Chicken $1.46$1.576.9%
      Milk $4.97$4.676.3%
      Potatoes $5.21$4.935.7%
      Pizza $12.57$12.094.0%
      Beer $11.87$10.4114.0%

      Health Care

      Item Rockville Centre National avg. Difference
      Optometrist $128.97$125.682.6%
      Doctor $162.24$135.7819.5%
      Dentist $149.64$113.2932.1%
      Ibuprofen $11.15$10.654.6%
      Lipitor $402.75$468.6014.1%

      Housing

      Item Rockville Centre National avg. Difference
      Home Price $653,300.00$184,700.00253.7%
      Avg. Mortgage Payment $6,916.73$2,346.69194.7%
      Apartment Rent $1,645.00$949.0073.3%

      Transportation

      Item Rockville Centre National avg. Difference
      Gasoline $3.55$3.462.5%
      Tire Balancing $86.43$59.9244.2%

      Utilities

      Item Rockville Centre National avg. Difference
      All Electricity $201.27$193.993.8%
      Phone $200.67$192.254.4%
      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.
      Wyandanch, NY11,63212726.6%
      Hempstead, NY55,15313635.8%
      Copiague, NY23,20013332.8%
      North Amityville, NY18,89013333.3%
      North Lindenhurst, NY10,86013433.6%
      Rockville Centre, NY24,55217373.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Norton Shores, MI24,557928.0%
      Foothills No. 31, AB24,563n/a 
      Marysville, OH24,569990.6%
      Palm River-Clair Mel, FL24,571945.8%
      Pooler, GA24,5751066.3%
      Rockville Centre, NY24,55217373.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.