Cost of living in South Valley Stream 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 Valley Stream 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 Valley Stream is 159, with 100 being the average.
The cost of living index in South Valley Stream is 1.6x higher than the national average.
South Valley Stream ranks as the #263 cheapest in New York out of 341.
South Valley Stream ranks as the #5,877 cheapest out of 6,489 in the US.
The median home value in South Valley Stream is $809,603.
The median income in South Valley Stream is $138,783.
According to the most recent data on the cost of living, South Valley Stream has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to New York, South Valley Stream has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in South Valley Stream ranks as #263 most affordable out of the 341 places we measured in New York. By definition, that implies South Valley Stream ranks as the #78 most expensive place in the Empire State.
For more reading on life in South Valley Stream, check out:
Six factors go into calculating the cost of living index in South Valley Stream. Here is how it fairs on each of the criteria:
The Services index in South Valley Stream is 126.
The Groceries index in South Valley Stream is 115.
The Health index in South Valley Stream is 120.
The Housing index in South Valley Stream is 248.
The Transportation index in South Valley Stream is 114.
The Utilities index in South Valley Stream is 101.
| Living Expense | South Valley Stream | New York | National Average | |
|---|---|---|---|---|
| Overall | 159 | 119 | 100 | |
| Services | 126 | 110 | 100 | |
| Groceries | 115 | 103 | 100 | |
| Health | 120 | 101 | 100 | |
| Housing | 248 | 145 | 100 | |
| Transportation | 114 | 105 | 100 | |
| Utilities | 101 | 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 South Valley Stream is $809,603.
The Median Rent in South Valley Stream is $1,839.
The Median Income in South Valley Stream is $138,783.
The Home Value To Income in South Valley Stream is 5.8x.
The Rent To Monthly Income in South Valley Stream is 0.16x.
| Statistic | South Valley Stream | New York | United States |
|---|---|---|---|
| Median Home Value | $809,603 | $508,764 | $303,400 |
| Median Rent | $1,839 | $1,576 | $1,348 |
| Median Income | $138,783 | $84,578 | $78,538 |
| Home Value To Income | 5.8x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.22x | 0.21x |
| Item | South Valley Stream | New York |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
| Item | South Valley Stream | New York |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
| Item | South Valley Stream | New York |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
| Item | South Valley Stream | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
| Item | South Valley Stream | New York |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
The cost of living varies in the cities and towns around South Valley Stream. 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 South Valley Stream.
Valley Stream, NY has a cost of living index of 151, 0.9x South Valley Stream.
Plainview, NY has a cost of living index of 167, 1.1x South Valley Stream.
| City | Population | Cost Of Living | Vs. South Valley Stream |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.9x |
| Valley Stream, NY | 40,278 | 151 | 0.9x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Massapequa, NY | 21,822 | 166 | 1.0x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| Lynbrook, NY | 20,251 | 154 | 1.0x |
| Syosset, NY | 18,274 | 182 | 1.1x |
| Woodmere, NY | 18,198 | 194 | 1.2x |
| North Valley Stream, NY | 17,756 | 151 | 0.9x |
| Massapequa Park, NY | 16,985 | 161 | 1.0x |