Malverne, NY Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Malverne's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Malverne is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Malverne, NY?

According to the most recent data on the cost of living, Malverne has an overall cost of living index of 152 which is 1.5x higher than the national index of 100.

Compared to only New York, Malverne has a cost of living index that's 1.3x higher than New York's index of 117.

The standard of living in Malverne ranks as #5882 most affordable out of the 6522 places we measured in New York. By definition, that implies Malverne ranks as the #525 most expensive place in the Empire State.

For more reading on life in Malverne, check out:

Malverne Cost Of Living Vs. New York

Living Expense Malverne New York National Average
Overall 152 117 100
Services 136 108 100
Groceries 142 108 100
Health 110 101 100
Housing 201 145 100
Transportation 128 102 100
Utilities 111 97 100
For more reading on cost of living around New York, check out:
Malverne Cost of Living Vs. NY

Malverne, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Malverne New York United States
Median Home Value $444,600 $302,200 $204,900
Median Rent $1,542 $1,240 $1,023
Median Income $119,500 $65,323 $60,293
Home Value To Income 3.7x 4.6x 3.4x
Rent To Monthly Income 0.15x 0.23x 0.2x

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Cost Of Living In Cities Around Malverne

City Population Cost Of Living Vs. Malverne
Levittown, NY 51,539 143 0.9x
Valley Stream, NY 37,609 149 1.0x
Franklin Square, NY 32,329 155 1.0x
Plainview, NY 25,902 157 1.0x
Rockville Centre, NY 24,442 175 1.2x
Massapequa, NY 21,861 166 1.1x
West Hempstead, NY 20,116 153 1.0x
Merrick, NY 19,966 174 1.1x
Syosset, NY 19,559 178 1.2x
Lynbrook, NY 19,552 156 1.0x

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