Malverne, NY Cost Of Living

The latest cost of living statistics for Malverne. Includes statistics on rent, mortgages, healthcare, and other costs for Malverne compared to the state and national averages.

Cost of living in Malverne, New York

Cost of living in Malverne 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 Malverne 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:

151 Cost of living index 1.5x higher vs US
#232 Cheapest in New York (of 336)
#5,707 Cheapest in the U.S. (of 6,489)
$801,813 Median home value
$1,898 Median rent
$149,489 Median income
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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 151, which is 1.5x higher than the national index of 100.

Compared to New York, Malverne has a cost of living index that's 1.2x higher than New York's index of 121.

The standard of living in Malverne ranks as #232 most affordable out of the 336 places we measured in New York. By definition, that implies Malverne ranks as the #104 most expensive place in the Empire State.

For more reading on life in Malverne, check out:

Malverne Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Malverne. Here is how it fares on each of the criteria:

  • The Services index in Malverne is 105.

  • The Groceries index in Malverne is 109.

  • The Health index in Malverne is 253.

  • The Housing index in Malverne is 106.

  • The Transportation index in Malverne is 115.

  • The Utilities index in Malverne is 113.

Living Expense Malverne New York National Average
Overall 151 121 100
Services 105 105 100
Groceries 109 108 100
Health 253 143 100
Housing 106 112 100
Transportation 115 114 100
Utilities 113 111 100

Malverne Cost Of Living Compared To New York Averages

Services
Malverne 105
New York avg 105
Groceries
Malverne 109
New York avg 108
Health
Malverne 253
New York avg 143
Housing
Malverne 106
New York avg 112
Transportation
Malverne 115
New York avg 114
Utilities
Malverne 113
New York avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New York, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Malverne, NY Housing Cost Breakdown

$801,813Median Home Value
$1,898Median Rent
$149,489Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Malverne is $801,813.

  • The Median Rent in Malverne is $1,898.

  • The Median Income in Malverne is $149,489.

  • The Home Value To Income in Malverne is 5.4x.

  • The Rent To Monthly Income in Malverne is 0.15x.

Statistic Malverne New York United States
Median Home Value $801,813 $507,794 $332,700
Median Rent $1,898 $1,621 $1,413
Median Income $149,489 $85,974 $80,734
Home Value To Income 5.4x 5.9x 4.1x
Rent To Monthly Income 0.15x 0.23x 0.21x

Malverne, NY Costs By Category

Detailed Malverne Services costs vs. New York
Item Malverne New York
Shampoo $1.69 $1.28
Movie $13.68 $12.13
Bowling $29.4 $18
Haircut $34.94 $24.26
Beauty Salon $64.07 $45.56
Detailed Malverne Groceries costs vs. New York
Item Malverne New York
Ground Beef $5.87 $5.84
Fried Chicken $1.46 $1.57
Milk $4.97 $4.67
Potatoes $5.21 $4.93
Pizza $12.57 $12.09
Beer $11.87 $10.41
Toothpaste $3.96 $3.7
Detailed Malverne Health costs vs. New York
Item Malverne New York
Optometrist $128.97 $125.68
Doctor $162.24 $135.78
Dentist $149.64 $113.29
Detailed Malverne Transportation costs vs. New York
Item Malverne New York
Gasoline $3.55 $3.46
Tire Balancing $86.43 $59.92
Detailed Malverne Utilities costs vs. New York
Item Malverne New York
All Electricity $201.27 $193.99
Phone $200.67 $192.25

Malverne SnackAbility

7Overall SnackAbility
Jobs 9/10
Housing 9.5/10
Affordability 8/10
Diversity 8/10
Safety 10/10
Amenities 9/10
Education 9.5/10
Commute 3/10

Cost Of Living In Cities Around Malverne

The cost of living varies in the cities and towns around Malverne. 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 142, 0.9x Malverne.

  • Valley Stream, NY has a cost of living index of 142, 0.9x Malverne.

  • Franklin Square, NY has a cost of living index of 153, 1.0x Malverne.

City Population Cost Of Living Vs. Malverne
Levittown, NY 51,904 142 0.9x
Valley Stream, NY 40,315 142 0.9x
Franklin Square, NY 30,897 153 1.0x
Plainview, NY 25,982 166 1.1x
Rockville Centre, NY 25,765 172 1.1x
Merrick, NY 21,744 163 1.1x
Massapequa, NY 21,389 165 1.1x
West Hempstead, NY 20,648 151 1.0x
Lynbrook, NY 20,325 151 1.0x
Syosset, NY 18,433 180 1.2x