Cost of living in Rye 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 Rye 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 Rye is 263, with 100 being the average.
The cost of living index in Rye is 2.6x higher than the national average.
Rye ranks as the #339 cheapest in New York out of 341.
Rye ranks as the #6,439 cheapest out of 6,489 in the US.
The median home value in Rye is $2,253,963.
The median income in Rye is $237,727.
According to the most recent data on the cost of living, Rye has an overall cost of living index of 263, which is 2.6x higher than the national index of 100.
Compared to New York, Rye has a cost of living index that's 2.2x higher than New York's index of 119.
The standard of living in Rye ranks as #339 most affordable out of the 341 places we measured in New York. By definition, that implies Rye ranks as the #2 most expensive place in the Empire State.
For more reading on life in Rye, check out:
Six factors go into calculating the cost of living index in Rye. Here is how it fairs on each of the criteria:
The Services index in Rye is 111.
The Groceries index in Rye is 103.
The Health index in Rye is 112.
The Housing index in Rye is 621.
The Transportation index in Rye is 100.
The Utilities index in Rye is 133.
| Living Expense | Rye | New York | National Average | |
|---|---|---|---|---|
| Overall | 263 | 119 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 112 | 101 | 100 | |
| Housing | 621 | 145 | 100 | |
| Transportation | 100 | 105 | 100 | |
| Utilities | 133 | 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 Rye is $2,253,963.
The Median Rent in Rye is $2,751.
The Median Income in Rye is $237,727.
The Home Value To Income in Rye is 9.5x.
The Rent To Monthly Income in Rye is 0.14x.
The cost of living varies in the cities and towns around Rye. Here's a quick look at the cost of living in the most populous nearby places:
New Rochelle, NY has a cost of living index of 159, 0.6x Rye.
Levittown, NY has a cost of living index of 145, 0.6x Rye.
Port Chester, NY has a cost of living index of 149, 0.6x Rye.
| City | Population | Cost Of Living | Vs. Rye |
|---|---|---|---|
| New Rochelle, NY | 81,591 | 159 | 0.6x |
| Levittown, NY | 51,557 | 145 | 0.6x |
| Port Chester, NY | 31,162 | 149 | 0.6x |
| Glen Cove, NY | 28,101 | 153 | 0.6x |
| Plainview, NY | 26,251 | 167 | 0.6x |
| North Bellmore, NY | 20,776 | 159 | 0.6x |
| Mamaroneck, NY | 19,840 | 166 | 0.6x |
| Syosset, NY | 18,274 | 182 | 0.7x |
| Scarsdale, NY | 18,005 | 279 | 1.1x |
| North New Hyde Park, NY | 14,354 | 178 | 0.7x |