See Why These Cities in New York Have the Highest and Lowest Costs of Living So Far in 2024

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The cost of living in New York is among the highest in the United States. In fact, it’s only less expensive than Alaska, Massachusetts, D.C., California and Hawaii, according to the Missouri Economic Research and Information Center.

But although many parts of New York are expensive, not every city has such exorbitant prices. Places like New York City and Jericho are definitely up there, but other areas — like Jamestown and Red Creek — are much cheaper.

GOBankingRates compiled data from Sperling’s BestPlaces, the Bureau of Labor Statistics Consumer Expenditure Survey, the U.S. Census American Community Survey, and AreaVibes to determine which New York cities have the highest and lowest cost of living so far in 2024. Here are the top 10 results for each.

Cities in New York With the Highest Costs of Living

These are the top 10 cities in New York with the highest costs of living, according to the data.

10. Long Beach

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 108.6
• Health CoL Index: 125.8
• Housing CoL Index: 238.3
• Utilities CoL Index: 124.6
• Transportation CoL Index: 178.2
• Miscellaneous CoL Index: 156.9
• Median Housing Average Value: $673,700

9. Rockville Centre

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 110.2
• Health CoL Index: 125.8
• Housing CoL Index: 260.9 
• Utilities CoL Index: 125
• Transportation CoL Index: 172.8
• Miscellaneous CoL Index: 156.5
• Median Housing Average Value: $786,400

8. North New Hyde Park

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 110.5
• Health CoL Index: 125.8
• Housing CoL Index: 268.8
• Utilities CoL Index: 125
• Transportation CoL Index: 170
• Miscellaneous CoL Index: 156.7
• Median Housing Average Value: $811,600

7. Syosset

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 111.8
• Health CoL Index: 125.8
• Housing CoL Index: 284.4
• Utilities CoL Index: 125
• Transportation CoL Index: 171.6
• Miscellaneous CoL Index: 157
• Median Housing Average Value: $880,400

6. Jericho

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 111.9
• Health CoL Index: 125.8
• Housing CoL Index: 318
• Utilities CoL Index: 125
• Transportation CoL Index: 169.5
• Miscellaneous CoL Index: 156.9
• Median Housing Average Value: $955,700

5. Garden City

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 113.1
• Health CoL Index: 125.8
• Housing CoL Index: 319.7
• Utilities CoL Index: 125
• Transportation CoL Index: 170.1
• Miscellaneous CoL Index: 156.9
• Median Housing Average Value: $986,000

4. Woodmere

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 111.3
• Health CoL Index: 125.8
• Housing CoL Index: 323.3
• Utilities CoL Index: 125
• Transportation CoL Index: 175.4
• Miscellaneous CoL Index: 156.3
• Median Housing Average Value: $1,054,100

3. Port Washington

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 113.9
• Health CoL Index: 125.8
• Housing CoL Index: 332.6
• Utilities CoL Index: 125
• Transportation CoL Index: 172
• Miscellaneous CoL Index: 156.8
• Median Housing Average Value: $1,015,400

2. Great Neck

• Overall Annual Cost of Living (All Consumers): $117,185
• Overall Cost of Living (CoL) Index: 160.6
• Groceries CoL Index: 119
• Health CoL Index: 125.8
• Housing CoL Index: 442.8
• Utilities CoL Index: 125
• Transportation CoL Index: 165.1
• Miscellaneous CoL Index: 156.7
• Median Housing Average Value: $1,241,000

1. New York

• Overall Annual Cost of Living (All Consumers): $125,868
• Overall Cost of Living (CoL) Index: 172.5
• Groceries CoL Index: 116.6
• Health CoL Index: 127.6
• Housing CoL Index: 224.3
• Utilities CoL Index: 150.5
• Transportation CoL Index: 136.4
• Miscellaneous CoL Index: 172.5
• Median Housing Average Value: $677,200

Cities in New York With the Lowest Costs of Living

And these are the top 10 cities in The Empire State with the lowest costs of living, according to the data.

10. Massena

• Overall Annual Cost of Living (All Consumers): $54,579
• Overall Cost of Living (CoL) Index: 74.8
• Groceries CoL Index: 95.6
• Health CoL Index: 109.9
• Housing CoL Index: 28.7
• Utilities CoL Index: 105.2
• Transportation CoL Index: 72
• Miscellaneous CoL Index: 107
• Median Housing Average Value: $97,400

9. Rensselaer Falls

• Overall Annual Cost of Living (All Consumers): $54,579
• Overall Cost of Living (CoL) Index: 74.8
• Groceries CoL Index: 96
• Health CoL Index: 109.9
• Housing CoL Index: 23.8
• Utilities CoL Index: 111.1
• Transportation CoL Index: 77.2
• Miscellaneous CoL Index: 106.9
• Median Housing Average Value: $127,100

8. Ogdensburg

• Overall Annual Cost of Living (All Consumers): $54,579
• Overall Cost of Living (CoL) Index: 74.8
• Groceries CoL Index: 95.1
• Health CoL Index: 109.9
• Housing CoL Index: 22.2
• Utilities CoL Index: 112
• Transportation CoL Index: 65.9
• Miscellaneous CoL Index: 107.3
• Median Housing Average Value: $104,400

7. Winthrop

• Overall Annual Cost of Living (All Consumers): $54,579
• Overall Cost of Living (CoL) Index: 74.8
• Groceries CoL Index: 96
• Health CoL Index: 109.9
• Housing CoL Index: 14.8
• Utilities CoL Index: 111.1
• Transportation CoL Index: 77.2
• Miscellaneous CoL Index: 106.9
• Median Housing Average Value: $130,200

6. South Dayton

• Overall Annual Cost of Living (All Consumers): $53,631
• Overall Cost of Living (CoL) Index: 73.5
• Groceries CoL Index: 95
• Health CoL Index: 107.2
• Housing CoL Index: 20.8
• Utilities CoL Index: 102.1
• Transportation CoL Index: 79.9
• Miscellaneous CoL Index: 106.6
• Median Housing Average Value: $95,100

5. Olean

• Overall Annual Cost of Living (All Consumers): $53,631
• Overall Cost of Living (CoL) Index: 73.5
• Groceries CoL Index: 95
• Health CoL Index: 107.2
• Housing CoL Index: 22.3
• Utilities CoL Index: 108.6
• Transportation CoL Index: 68.3
• Miscellaneous CoL Index: 106.5
• Median Housing Average Value: $118,900

4. Houghton

• Overall Annual Cost of Living (All Consumers): $52,755
• Overall Cost of Living (CoL) Index: 72.3
• Groceries CoL Index: 97.5
• Health CoL Index: 104.1
• Housing CoL Index: 44.5
• Utilities CoL Index: 102.6
• Transportation CoL Index: 77.5
• Miscellaneous CoL Index: 99.3
• Median Housing Average Value: $142,700

3. Fillmore

• Overall Annual Cost of Living (All Consumers): $52,755
• Overall Cost of Living (CoL) Index: 72.3
• Groceries CoL Index: 96.4
• Health CoL Index: 104.1
• Housing CoL Index: 28.3
• Utilities CoL Index: 102.6
• Transportation CoL Index: 77.5
• Miscellaneous CoL Index: 99.3
• Median Housing Average Value: $115,400

2. Bolivar

• Overall Annual Cost of Living (All Consumers): $52,755
• Overall Cost of Living (CoL) Index: 72.3
• Groceries CoL Index: 94.8
• Health CoL Index: 104.1
• Housing CoL Index: 21.4
• Utilities CoL Index: 108.6
• Transportation CoL Index: 84.4
• Miscellaneous CoL Index: 99
• Median Housing Average Value: $85,600

1. Scio

• Overall Annual Cost of Living (All Consumers): $52,755
• Overall Cost of Living (CoL) Index: 72.3
• Groceries CoL Index: 95.5
• Health CoL Index: 104.1
• Housing CoL Index: 25.2
• Utilities CoL Index: 95.9
• Transportation CoL Index: 77.4
• Miscellaneous CoL Index: 99.3
• Median Housing Average Value: $111,500

Methodology: For this study, GOBankingRates analyzed 6,300 cities across the United States to find the cheapest and most expensive cost of living cities in each state. First GOBankingRates found the cost of living indexes as sourced from Sperlings BestPlaces and using the national average expenditure costs for all residents, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost can be calculated for each city. The total population was sourced from the US Census American Community Survey, and the livability index was sourced from AreaVibes. All data was collected on and is up to date as of May 21, 2024.

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