Cost of living in Nyack 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 Nyack 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 Nyack is 155, with 100 being the average.
The cost of living index in Nyack is 1.6x higher than the national average.
Nyack ranks as the #251 cheapest in New York out of 341.
Nyack ranks as the #5,809 cheapest out of 6,489 in the US.
The median home value in Nyack is $739,576.
The median income in Nyack is $118,889.
According to the most recent data on the cost of living, Nyack has an overall cost of living index of 155, which is 1.6x higher than the national index of 100.
Compared to New York, Nyack has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in Nyack ranks as #251 most affordable out of the 341 places we measured in New York. By definition, that implies Nyack ranks as the #90 most expensive place in the Empire State.
For more reading on life in Nyack, check out:
Six factors go into calculating the cost of living index in Nyack. Here is how it fairs on each of the criteria:
The Services index in Nyack is 115.
The Groceries index in Nyack is 107.
The Health index in Nyack is 112.
The Housing index in Nyack is 253.
The Transportation index in Nyack is 102.
The Utilities index in Nyack is 132.
| Living Expense | Nyack | New York | National Average | |
|---|---|---|---|---|
| Overall | 155 | 119 | 100 | |
| Services | 115 | 110 | 100 | |
| Groceries | 107 | 103 | 100 | |
| Health | 112 | 101 | 100 | |
| Housing | 253 | 145 | 100 | |
| Transportation | 102 | 105 | 100 | |
| Utilities | 132 | 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 Nyack is $739,576.
The Median Rent in Nyack is $2,213.
The Median Income in Nyack is $118,889.
The Home Value To Income in Nyack is 6.2x.
The Rent To Monthly Income in Nyack is 0.22x.
The cost of living varies in the cities and towns around Nyack. 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, 1.1x Nyack.
Mamaroneck, NY has a cost of living index of 166, 1.1x Nyack.
Sleepy Hollow, NY has a cost of living index of 173, 1.1x Nyack.
| City | Population | Cost Of Living | Vs. Nyack |
|---|---|---|---|
| Eastchester, NY | 20,519 | 167 | 1.1x |
| Mamaroneck, NY | 19,840 | 166 | 1.1x |
| Sleepy Hollow, NY | 10,592 | 173 | 1.1x |
| Valley Cottage, NY | 8,803 | 144 | 0.9x |
| Pleasantville, NY | 7,395 | 176 | 1.1x |
| Briarcliff Manor, NY | 7,333 | 178 | 1.1x |
| Tappan, NY | 6,704 | 161 | 1.0x |
| Larchmont, NY | 6,542 | 231 | 1.5x |
| Irvington, NY | 6,541 | 170 | 1.1x |
| Bronxville, NY | 6,539 | 231 | 1.5x |