South Lockport, NY Cost Of Living
Cost Of Living In South Lockport, NY Summary
Cost of living in South Lockport 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 South Lockport 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 South Lockport is 78, with 100 being the average.
The cost of living index in South Lockport is 0.8x lower than the national average.
South Lockport ranks as the #1 cheapest in New York out of 341.
South Lockport ranks as the #46 cheapest out of 6,489 in the US.
The median home value in South Lockport is $181,539.
The median income in South Lockport is $54,051.
Table Of Contents
South Lockport's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in South Lockport, NY?
According to the most recent data on the cost of living, South Lockport has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.
Compared to New York, South Lockport has a cost of living index that's 0.7x lower than New York's index of 119.
The standard of living in South Lockport ranks as #1 most affordable out of the 341 places we measured in New York. By definition, that implies South Lockport ranks as the #340 most expensive place in the Empire State.
For more reading on life in South Lockport, check out:
In New York
In America
South Lockport Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in South Lockport. Here is how it fairs on each of the criteria:
The Services index in South Lockport is 96.
The Groceries index in South Lockport is 97.
The Health index in South Lockport is 103.
The Housing index in South Lockport is 45.
The Transportation index in South Lockport is 93.
The Utilities index in South Lockport is 95.
| Living Expense | South Lockport | New York | National Average | |
|---|---|---|---|---|
| Overall | 78 | 119 | 100 | |
| Services | 96 | 110 | 100 | |
| Groceries | 97 | 103 | 100 | |
| Health | 103 | 101 | 100 | |
| Housing | 45 | 145 | 100 | |
| Transportation | 93 | 105 | 100 | |
| Utilities | 95 | 99 | 100 | |
South Lockport, 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 South Lockport is $181,539.
The Median Rent in South Lockport is $647.
The Median Income in South Lockport is $54,051.
The Home Value To Income in South Lockport is 3.4x.
The Rent To Monthly Income in South Lockport is 0.14x.
| Statistic | South Lockport | New York | United States |
|---|---|---|---|
| Median Home Value | $181,539 | $508,764 | $303,400 |
| Median Rent | $647 | $1,576 | $1,348 |
| Median Income | $54,051 | $84,578 | $78,538 |
| Home Value To Income | 3.4x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
South Lockport, NY Costs By Category
Detailed South Lockport Services Costs Vs. New York
| Item | South Lockport | New York |
|---|---|---|
| Shampoo | $1.3 | $1.28 |
| Movie | $12.76 | $12.13 |
| Bowling | $14.6 | $18 |
| Haircut | $21.65 | $24.26 |
| Beauty Salon | $53.07 | $45.56 |
Detailed South Lockport Groceries Costs Vs. New York
| Item | South Lockport | New York |
|---|---|---|
| Ground Beef | $6.16 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.26 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $10.47 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed South Lockport Health Costs Vs. New York
| Item | South Lockport | New York |
|---|---|---|
| Optometrist | $75.93 | $125.68 |
| Doctor | $103.92 | $135.78 |
| Dentist | $149.67 | $113.29 |
Detailed South Lockport Transportation Costs Vs. New York
| Item | South Lockport | New York |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $48.79 | $59.92 |
Detailed South Lockport Utilities Costs Vs. New York
| Item | South Lockport | New York |
|---|---|---|
| All Electricity | $173.44 | $193.99 |
| Phone | $195.54 | $192.25 |
South Lockport SnackAbility
/10
Cost Of Living In Cities Around South Lockport
The cost of living varies in the cities and towns around South Lockport. Here's a quick look at the cost of living in the most populous nearby places:
North Tonawanda, NY has a cost of living index of 86, 1.1x South Lockport.
Lockport, NY has a cost of living index of 83, 1.1x South Lockport.
Eggertsville, NY has a cost of living index of 94, 1.2x South Lockport.
| City | Population | Cost Of Living | Vs. South Lockport |
|---|---|---|---|
| North Tonawanda, NY | 30,338 | 86 | 1.1x |
| Lockport, NY | 20,699 | 83 | 1.1x |
| Eggertsville, NY | 15,416 | 94 | 1.2x |
| Kenmore, NY | 15,097 | 89 | 1.1x |
| Lancaster, NY | 10,127 | 89 | 1.1x |
| University at Buffalo, NY | 6,776 | 100 | 1.3x |
| Harris Hill, NY | 5,853 | 108 | 1.4x |
| Williamsville, NY | 5,430 | 98 | 1.3x |
