North Merrick, NY Cost Of Living
Cost Of Living In North Merrick, NY Summary
Cost of living in North Merrick 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 North Merrick 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 North Merrick is 164, with 100 being the average.
The cost of living index in North Merrick is 1.6x higher than the national average.
North Merrick ranks as the #295 cheapest in New York out of 340.
North Merrick ranks as the #6,052 cheapest out of 6,412 in the US.
The median home value in North Merrick is $555,700.
The median income in North Merrick is $134,439.
Table Of Contents
North Merrick's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in North Merrick, NY?
According to the most recent data on the cost of living, North Merrick has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.
Compared to New York, North Merrick has a cost of living index that's 1.3x higher than New York's index of 126.
The standard of living in North Merrick ranks as #295 most affordable out of the 340 places we measured in New York. By definition, that implies North Merrick ranks as the #45 most expensive place in the Empire State.
For more reading on life in North Merrick, check out:
- Living In North Merrick
- Search Homes For Sale In North Merrick, NY
In New York
In America
North Merrick Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in North Merrick. Here is how it fairs on each of the criteria:
The Services index in North Merrick is 132.
The Groceries index in North Merrick is 149.
The Health index in North Merrick is 111.
The Housing index in North Merrick is 243.
The Transportation index in North Merrick is 133.
The Utilities index in North Merrick is 97.
| Living Expense | North Merrick | New York | National Average | |
|---|---|---|---|---|
| Overall | 164 | 126 | 100 | |
| Services | 132 | 110 | 100 | |
| Groceries | 149 | 104 | 100 | |
| Health | 111 | 105 | 100 | |
| Housing | 243 | 175 | 100 | |
| Transportation | 133 | 107 | 100 | |
| Utilities | 97 | 102 | 100 | |
North Merrick, 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 North Merrick is $555,700.
The Median Rent in North Merrick is $2,659.
The Median Income in North Merrick is $134,439.
The Home Value To Income in North Merrick is 4.1x.
The Rent To Monthly Income in North Merrick is 0.24x.
| Statistic | North Merrick | New York | United States |
|---|---|---|---|
| Median Home Value | $555,700 | $340,600 | $244,900 |
| Median Rent | $2,659 | $1,390 | $1,163 |
| Median Income | $134,439 | $75,157 | $69,021 |
| Home Value To Income | 4.1x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
North Merrick, NY Costs By Category
Detailed North Merrick Services Costs Vs. New York
| Item | North Merrick | New York |
|---|---|---|
| Shampoo | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
Detailed North Merrick Groceries Costs Vs. New York
| Item | North Merrick | New York |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Toothpaste | $4.42 | $2.34 |
Detailed North Merrick Health Costs Vs. New York
| Item | North Merrick | New York |
|---|---|---|
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed North Merrick Transportation Costs Vs. New York
| Item | North Merrick | New York |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
Detailed North Merrick Utilities Costs Vs. New York
| Item | North Merrick | New York |
|---|---|---|
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
North Merrick SnackAbility
/10
Cost Of Living In Cities Around North Merrick
The cost of living varies in the cities and towns around North Merrick. 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 140, 0.9x North Merrick.
Freeport, NY has a cost of living index of 140, 0.9x North Merrick.
East Meadow, NY has a cost of living index of 151, 0.9x North Merrick.
| City | Population | Cost Of Living | Vs. North Merrick |
|---|---|---|---|
| Levittown, NY | 52,540 | 140 | 0.9x |
| Freeport, NY | 44,328 | 140 | 0.9x |
| East Meadow, NY | 38,078 | 151 | 0.9x |
| Baldwin, NY | 33,352 | 148 | 0.9x |
| Uniondale, NY | 32,791 | 143 | 0.9x |
| Plainview, NY | 26,665 | 155 | 0.9x |
| Massapequa, NY | 22,249 | 163 | 1.0x |
| North Bellmore, NY | 21,535 | 154 | 0.9x |
| Merrick, NY | 20,990 | 172 | 1.0x |
| Syosset, NY | 19,347 | 177 | 1.1x |
