New Square, NY Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In New Square, NY Summary

Cost of living in New Square 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 New Square 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 New Square is 136, with 100 being the average.

  • The cost of living index in New Square is 1.4x higher than the national average.

  • New Square ranks as the #169 cheapest in New York out of 340.

  • New Square ranks as the #5,458 cheapest out of 6,412 in the US.

  • The median home value in New Square is $552,200.

  • The median income in New Square is $24,881.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
136
New Square's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in New Square, NY?

According to the most recent data on the cost of living, New Square has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.

Compared to New York, New Square has a cost of living index that's 1.1x higher than New York's index of 126.

The standard of living in New Square ranks as #169 most affordable out of the 340 places we measured in New York. By definition, that implies New Square ranks as the #171 most expensive place in the Empire State.

For more reading on life in New Square, check out:

169 out of 340
In New York
5,458 out of 6,412
In America

New Square Cost Of Living Vs. New York

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

  • The Services index in New Square is 123.

  • The Groceries index in New Square is 104.

  • The Health index in New Square is 118.

  • The Housing index in New Square is 174.

  • The Transportation index in New Square is 117.

  • The Utilities index in New Square is 130.

Living Expense New Square New York National Average
Overall 136 126 100
Services 123 110 100
Groceries 104 104 100
Health 118 105 100
Housing 174 175 100
Transportation 117 107 100
Utilities 130 102 100
For more reading on cost of living around New York, check out:
New Square Cost of Living Vs. NY

New Square, 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 2017-2021. The key points are:

  • The Median Home Value in New Square is $552,200.

  • The Median Rent in New Square is $1,467.

  • The Median Income in New Square is $24,881.

  • The Home Value To Income in New Square is 22.2x.

  • The Rent To Monthly Income in New Square is 0.71x.

Statistic New Square New York United States
Median Home Value $552,200 $340,600 $244,900
Median Rent $1,467 $1,390 $1,163
Median Income $24,881 $75,157 $69,021
Home Value To Income 22.2x 4.5x 3.5x
Rent To Monthly Income 0.71x 0.22x 0.2x
Search Homes For Sale In New Square, NY
$552,200
Median Home Value
$1,467
Median Rent
$24,881
Median Income

New Square, NY Costs By Category

Detailed New Square Services Costs Vs. New York

Item New Square New York
Shampoo $0.96 $1.06
Movie $13.09 $10.68
Bowling $18.83 $14.67
Haircut $32.76 $18.62
Beauty Salon $65.09 $39.05

Detailed New Square Groceries Costs Vs. New York

Item New Square New York
Ground Beef $4.44 $4.22
Fried Chicken $1.42 $1.39
Milk $2.65 $2.05
Potatoes $3.98 $3.29
Pizza $9.41 $10.62
Beer $10.04 $9.38
Toothpaste $2.13 $2.34

Detailed New Square Health Costs Vs. New York

Item New Square New York
Optometrist $127.5 $108.57
Doctor $118.17 $116.17
Dentist $132.27 $99.13

Detailed New Square Transportation Costs Vs. New York

Item New Square New York
Gasoline $2.33 $2.22
Tire Balancing $69.75 $50.07

Detailed New Square Utilities Costs Vs. New York

Item New Square New York
All Electricity $261.22 $167.67
Phone $178.6 $175.64

New Square SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
9
Affordability
1
Diversity
3
Safety
N/A
Amenities
9
Education
3
Commute
10

Cost Of Living In Cities Around New Square

The cost of living varies in the cities and towns around New Square. Here's a quick look at the cost of living in the most populous nearby places:

  • Spring Valley, NY has a cost of living index of 122, 0.9x New Square.

  • Monsey, NY has a cost of living index of 155, 1.1x New Square.

  • Eastchester, NY has a cost of living index of 163, 1.2x New Square.

City Population Cost Of Living Vs. New Square
Spring Valley, NY 32,953 122 0.9x
Monsey, NY 27,359 155 1.1x
Eastchester, NY 20,636 163 1.2x
Nanuet, NY 19,624 145 1.1x
Scarsdale, NY 18,063 265 1.9x
Dobbs Ferry, NY 11,511 169 1.2x
Hillcrest, NY 8,667 143 1.1x
Briarcliff Manor, NY 7,587 175 1.3x
Pleasantville, NY 7,469 164 1.2x
Tappan, NY 7,153 159 1.2x

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