F
59%
Overall NAT. AVG.
13%
Goods & Services NAT. AVG.
168%
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 White Plains New York National
Cost of living159117100
Goods & Services113108100
Groceries105102100
Health care110103100
Housing268145100
Transportation102105100
Utilities131100100

An Overview of Cost of Living in White Plains, NY

Understanding the cost of living in White Plains 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 White Plains cost of living index is 159, which is 59% 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.

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 White Plains 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, White Plains falls into this category, which may not align with your goal of finding a budget-friendly living environment.

Housing costs are a major factor in the White Plains 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 167.8% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Everyday goods and services make up 33% of the cost of living index and include things like clothing, personal hygiene products and entertainment which are a large portion of your monthly expenditures. Unfortunately, White Plains goods and services are 12.9% more expensive than the national average, leaving you with less money at the end of the month.

Is White Plains Affordable?

Wondering if White Plains 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 White Plains, for example, the median home price is 202.2% higher than what folks pay nationally, and monthly rent is 87.7% higher than the usual rates. Plus, income levels matter too, with White Plains boasting a median household income of $96,715, which is 74.8% higher than the national average.

What Factors can Influence the Cost of Living in White Plains?

Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In White Plains, the housing index is 167.8% higher than the national average.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In White Plains, the groceries index registers 5.4% higher than the national average.

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.

Where is the Data From?

The cost of living in White Plains, 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.

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Cost Of Living Quick Facts

  • The cost of living in White Plains is 36% higher than the New York average
  • The cost of living in White Plains is 59% higher than the national average
  • White Plains housing is 168% 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 White Plains

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Compare White Plains, NY Cost of Living

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      Salary Calculator

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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$124,450$10,371$2,904$3,734
      Renters$68,643$5,720$1,602$2,059
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in White Plains, NY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for White Plains homeowners, is $124,450. This would allow for a maximum of $2,904 per month to be spent on housing costs. For renters, the median monthly income is $68,643 which would result in a maximum of $1,602 to be spent on rental 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 White Plains 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 White Plains 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 White Plains 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 White Plains National avg. Difference
      Home Price $558,100.00$184,700.00202.2%
      Avg. Mortgage Payment $1,857.27$2,346.6920.9%
      Apartment Rent $1,781.00$949.0087.7%

      Transportation

      Item White Plains National avg. Difference
      Gasoline $3.33$3.463.7%
      Tire Balancing $57.68$59.923.7%

      Utilities

      Item White Plains 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.
      Greenville CDP (Greene County), NY6041066.1%
      Mount Ivy, NY7,39012221.6%
      Haverstraw, NY12,07612322.7%
      West Haverstraw, NY10,22012323.1%
      Bogota, NJ8,37513535.2%
      White Plains, NY58,17115959.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bowie, MD58,15813636.4%
      Kokomo, IN58,0668316.8%
      Casper, WY58,287990.9%
      Dubuque, IA58,052927.5%
      Medford, MA58,29016565.2%
      White Plains, NY58,17115959.0%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.