Elmont, NY Cost Of Living
Cost Of Living In Elmont, NY Summary
Cost of living in Elmont 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 Elmont 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 Elmont is 150, with 100 being the average.
The cost of living index in Elmont is 1.5x higher than the national average.
Elmont ranks as the #227 cheapest in New York out of 341.
Elmont ranks as the #5,692 cheapest out of 6,489 in the US.
The median home value in Elmont is $712,010.
The median income in Elmont is $120,917.
Table Of Contents
Elmont's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Elmont, NY?
According to the most recent data on the cost of living, Elmont has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.
Compared to New York, Elmont has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in Elmont ranks as #227 most affordable out of the 341 places we measured in New York. By definition, that implies Elmont ranks as the #114 most expensive place in the Empire State.
For more reading on life in Elmont, check out:
In New York
In America
Elmont Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Elmont. Here is how it fairs on each of the criteria:
The Services index in Elmont is 127.
The Groceries index in Elmont is 111.
The Health index in Elmont is 122.
The Housing index in Elmont is 216.
The Transportation index in Elmont is 116.
The Utilities index in Elmont is 101.
| Living Expense | Elmont | New York | National Average | |
|---|---|---|---|---|
| Overall | 150 | 119 | 100 | |
| Services | 127 | 110 | 100 | |
| Groceries | 111 | 103 | 100 | |
| Health | 122 | 101 | 100 | |
| Housing | 216 | 145 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 101 | 99 | 100 | |
Elmont, NY Housing Cost Breakdown
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 Elmont is $712,010.
The Median Rent in Elmont is $2,434.
The Median Income in Elmont is $120,917.
The Home Value To Income in Elmont is 5.9x.
The Rent To Monthly Income in Elmont is 0.24x.
Median Home Value
Median Rent
Median Income
Elmont, NY Costs By Category
Detailed Elmont Services Costs Vs. New York
Detailed Elmont Groceries Costs Vs. New York
Detailed Elmont Health Costs Vs. New York
Detailed Elmont Transportation Costs Vs. New York
Detailed Elmont Utilities Costs Vs. New York
Elmont SnackAbility
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Cost Of Living In Cities Around Elmont
The cost of living varies in the cities and towns around Elmont. 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, 1.0x Elmont.
Valley Stream, NY has a cost of living index of 151, 1.0x Elmont.
Franklin Square, NY has a cost of living index of 160, 1.1x Elmont.
| City | Population | Cost Of Living | Vs. Elmont |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 1.0x |
| Valley Stream, NY | 40,278 | 151 | 1.0x |
| Franklin Square, NY | 30,559 | 160 | 1.1x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Massapequa, NY | 21,822 | 166 | 1.1x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| Syosset, NY | 18,274 | 182 | 1.2x |
| Woodmere, NY | 18,198 | 194 | 1.3x |
| North Valley Stream, NY | 17,756 | 151 | 1.0x |
| Massapequa Park, NY | 16,985 | 161 | 1.1x |
