Cost of living in Mount Ivy 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 Mount Ivy 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 Mount Ivy is 123, with 100 being the average.
The cost of living index in Mount Ivy is 1.2x higher than the national average.
Mount Ivy ranks as the #128 cheapest in New York out of 341.
Mount Ivy ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Mount Ivy is $347,423.
The median income in Mount Ivy is $85,226.
According to the most recent data on the cost of living, Mount Ivy has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to New York, Mount Ivy has a cost of living index that's 1.0x higher than New York's index of 119.
The standard of living in Mount Ivy ranks as #128 most affordable out of the 341 places we measured in New York. By definition, that implies Mount Ivy ranks as the #213 most expensive place in the Empire State.
For more reading on life in Mount Ivy, check out:
Six factors go into calculating the cost of living index in Mount Ivy. Here is how it fairs on each of the criteria:
The Services index in Mount Ivy is 114.
The Groceries index in Mount Ivy is 106.
The Health index in Mount Ivy is 110.
The Housing index in Mount Ivy is 143.
The Transportation index in Mount Ivy is 103.
The Utilities index in Mount Ivy is 130.
| Living Expense | Mount Ivy | New York | National Average | |
|---|---|---|---|---|
| Overall | 123 | 119 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 106 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 143 | 145 | 100 | |
| Transportation | 103 | 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 Mount Ivy is $347,423.
The Median Rent in Mount Ivy is $1,843.
The Median Income in Mount Ivy is $85,226.
The Home Value To Income in Mount Ivy is 4.1x.
The Rent To Monthly Income in Mount Ivy is 0.26x.
The cost of living varies in the cities and towns around Mount Ivy. Here's a quick look at the cost of living in the most populous nearby places:
Eastchester, NY has a cost of living index of 167, 1.4x Mount Ivy.
Scarsdale, NY has a cost of living index of 279, 2.3x Mount Ivy.
Stony Point, NY has a cost of living index of 135, 1.1x Mount Ivy.
| City | Population | Cost Of Living | Vs. Mount Ivy |
|---|---|---|---|
| Eastchester, NY | 20,519 | 167 | 1.4x |
| Scarsdale, NY | 18,005 | 279 | 2.3x |
| Stony Point, NY | 12,694 | 135 | 1.1x |
| Haverstraw, NY | 12,273 | 124 | 1.0x |
| Dobbs Ferry, NY | 11,397 | 173 | 1.4x |
| West Haverstraw, NY | 10,663 | 121 | 1.0x |
| New Square, NY | 9,712 | 157 | 1.3x |
| Hillcrest, NY | 8,989 | 140 | 1.1x |
| Congers, NY | 7,923 | 148 | 1.2x |
| Pleasantville, NY | 7,395 | 176 | 1.4x |