Cost of living in Baywood 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 Baywood 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 Baywood is 132, with 100 being the average.
The cost of living index in Baywood is 1.3x higher than the national average.
Baywood ranks as the #151 cheapest in New York out of 341.
Baywood ranks as the #5,080 cheapest out of 6,489 in the US.
The median home value in Baywood is $519,999.
The median income in Baywood is $112,546.
According to the most recent data on the cost of living, Baywood has an overall cost of living index of 132, which is 1.3x higher than the national index of 100.
Compared to New York, Baywood has a cost of living index that's 1.1x higher than New York's index of 119.
The standard of living in Baywood ranks as #151 most affordable out of the 341 places we measured in New York. By definition, that implies Baywood ranks as the #190 most expensive place in the Empire State.
For more reading on life in Baywood, check out:
Six factors go into calculating the cost of living index in Baywood. Here is how it fairs on each of the criteria:
The Services index in Baywood is 111.
The Groceries index in Baywood is 105.
The Health index in Baywood is 111.
The Housing index in Baywood is 185.
The Transportation index in Baywood is 100.
The Utilities index in Baywood is 130.
| Living Expense | Baywood | New York | National Average | |
|---|---|---|---|---|
| Overall | 132 | 119 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 105 | 103 | 100 | |
| Health | 111 | 101 | 100 | |
| Housing | 185 | 145 | 100 | |
| Transportation | 100 | 105 | 100 | |
| Utilities | 130 | 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 Baywood is $519,999.
The Median Rent in Baywood is $2,523.
The Median Income in Baywood is $112,546.
The Home Value To Income in Baywood is 4.6x.
The Rent To Monthly Income in Baywood is 0.27x.
The cost of living varies in the cities and towns around Baywood. 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, 1.1x Baywood.
Bay Shore, NY has a cost of living index of 134, 1.0x Baywood.
Deer Park, NY has a cost of living index of 137, 1.0x Baywood.
| City | Population | Cost Of Living | Vs. Baywood |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 1.1x |
| Bay Shore, NY | 31,275 | 134 | 1.0x |
| Deer Park, NY | 27,334 | 137 | 1.0x |
| West Islip, NY | 26,559 | 151 | 1.1x |
| Plainview, NY | 26,251 | 167 | 1.3x |
| Dix Hills, NY | 25,042 | 190 | 1.4x |
| Massapequa, NY | 21,822 | 166 | 1.3x |
| Merrick, NY | 21,816 | 167 | 1.3x |
| North Bellmore, NY | 20,776 | 159 | 1.2x |
| North Bay Shore, NY | 20,501 | 130 | 1.0x |