Cost of living in Babylon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Babylon is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Babylon is 154, with 100 being the average.
The cost of living index in Babylon is 1.5x higher than the national average.
Babylon ranks as the #247 cheapest in New York out of 341.
Babylon ranks as the #5,792 cheapest out of 6,489 in the US.
The median home value in Babylon is $723,736.
The median income in Babylon is $143,856.
According to the most recent data on the cost of living, Babylon has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.
Compared to New York, Babylon has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in Babylon ranks as #247 most affordable out of the 341 places we measured in New York. By definition, that implies Babylon ranks as the #94 most expensive place in the Empire State.
For more reading on life in Babylon, check out:
Six factors go into calculating the cost of living index in Babylon. Here is how it fairs on each of the criteria:
The Services index in Babylon is 111.
The Groceries index in Babylon is 105.
The Health index in Babylon is 110.
The Housing index in Babylon is 251.
The Transportation index in Babylon is 103.
The Utilities index in Babylon is 129.
| Living Expense | Babylon | New York | National Average | |
|---|---|---|---|---|
| Overall | 154 | 119 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 251 | 145 | 100 | |
| Transportation | 103 | 105 | 100 | |
| Utilities | 129 | 99 | 100 | |
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Babylon is $723,736.
The Median Rent in Babylon is $2,359.
The Median Income in Babylon is $143,856.
The Home Value To Income in Babylon is 5.0x.
The Rent To Monthly Income in Babylon is 0.2x.
The cost of living varies in the cities and towns around Babylon. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, NY has a cost of living index of 145, 0.9x Babylon.
West Babylon, NY has a cost of living index of 138, 0.9x Babylon.
Lindenhurst, NY has a cost of living index of 140, 0.9x Babylon.
| City | Population | Cost Of Living | Vs. Babylon |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.9x |
| West Babylon, NY | 43,239 | 138 | 0.9x |
| Lindenhurst, NY | 27,106 | 140 | 0.9x |
| West Islip, NY | 26,559 | 151 | 1.0x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Copiague, NY | 23,332 | 133 | 0.9x |
| Massapequa, NY | 21,822 | 166 | 1.1x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| North Amityville, NY | 20,364 | 134 | 0.9x |
| Syosset, NY | 18,274 | 182 | 1.2x |