Oyster Bay, NY Cost Of Living
Cost Of Living In Oyster Bay, NY Summary
Cost of living in Oyster Bay 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 Oyster Bay 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 Oyster Bay is 159, with 100 being the average.
The cost of living index in Oyster Bay is 1.6x higher than the national average.
Oyster Bay ranks as the #263 cheapest in New York out of 341.
Oyster Bay ranks as the #5,877 cheapest out of 6,489 in the US.
The median home value in Oyster Bay is $987,651.
The median income in Oyster Bay is $102,540.
Table Of Contents
Oyster Bay's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oyster Bay, NY?
According to the most recent data on the cost of living, Oyster Bay has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to New York, Oyster Bay has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in Oyster Bay ranks as #263 most affordable out of the 341 places we measured in New York. By definition, that implies Oyster Bay ranks as the #78 most expensive place in the Empire State.
For more reading on life in Oyster Bay, check out:
In New York
In America
Oyster Bay Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Oyster Bay. Here is how it fairs on each of the criteria:
The Services index in Oyster Bay is 111.
The Groceries index in Oyster Bay is 104.
The Health index in Oyster Bay is 110.
The Housing index in Oyster Bay is 271.
The Transportation index in Oyster Bay is 104.
The Utilities index in Oyster Bay is 133.
| Living Expense | Oyster Bay | New York | National Average | |
|---|---|---|---|---|
| Overall | 159 | 119 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 104 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 271 | 145 | 100 | |
| Transportation | 104 | 105 | 100 | |
| Utilities | 133 | 99 | 100 | |
Oyster Bay, 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 2019-2023. The key points are:
The Median Home Value in Oyster Bay is $987,651.
The Median Rent in Oyster Bay is $2,300.
The Median Income in Oyster Bay is $102,540.
The Home Value To Income in Oyster Bay is 9.6x.
The Rent To Monthly Income in Oyster Bay is 0.27x.
| Statistic | Oyster Bay | New York | United States |
|---|---|---|---|
| Median Home Value | $987,651 | $508,764 | $303,400 |
| Median Rent | $2,300 | $1,576 | $1,348 |
| Median Income | $102,540 | $84,578 | $78,538 |
| Home Value To Income | 9.6x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Oyster Bay, NY Costs By Category
Detailed Oyster Bay Services Costs Vs. New York
| Item | Oyster Bay | New York |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $13.76 | $12.13 |
| Bowling | $19.63 | $18 |
| Haircut | $32.33 | $24.26 |
| Beauty Salon | $48.56 | $45.56 |
Detailed Oyster Bay Groceries Costs Vs. New York
| Item | Oyster Bay | New York |
|---|---|---|
| Ground Beef | $6.34 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $10.07 | $12.09 |
| Beer | $10.62 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Oyster Bay Health Costs Vs. New York
| Item | Oyster Bay | New York |
|---|---|---|
| Optometrist | $140.1 | $125.68 |
| Doctor | $143.23 | $135.78 |
| Dentist | $123.0 | $113.29 |
Detailed Oyster Bay Transportation Costs Vs. New York
| Item | Oyster Bay | New York |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
Detailed Oyster Bay Utilities Costs Vs. New York
| Item | Oyster Bay | New York |
|---|---|---|
| All Electricity | $281.67 | $193.99 |
| Phone | $185.16 | $192.25 |
Oyster Bay SnackAbility
/10
Cost Of Living In Cities Around Oyster Bay
The cost of living varies in the cities and towns around Oyster Bay. 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 145, 0.9x Oyster Bay.
Plainview, NY has a cost of living index of 167, 1.1x Oyster Bay.
Massapequa, NY has a cost of living index of 166, 1.0x Oyster Bay.
| City | Population | Cost Of Living | Vs. Oyster Bay |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.9x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Massapequa, NY | 21,822 | 166 | 1.0x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| Syosset, NY | 18,274 | 182 | 1.1x |
| Woodmere, NY | 18,198 | 194 | 1.2x |
| Massapequa Park, NY | 16,985 | 161 | 1.0x |
| Malverne, NY | 8,496 | 158 | 1.0x |
| Bronxville, NY | 6,539 | 231 | 1.5x |
| Pelham Manor, NY | 5,648 | 206 | 1.3x |
