Syosset, NY Cost Of Living
Cost Of Living In Syosset, NY Summary
Cost of living in Syosset 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 Syosset 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 Syosset is 182, with 100 being the average.
The cost of living index in Syosset is 1.8x higher than the national average.
Syosset ranks as the #317 cheapest in New York out of 341.
Syosset ranks as the #6,202 cheapest out of 6,489 in the US.
The median home value in Syosset is $1,070,906.
The median income in Syosset is $187,936.
Table Of Contents
Syosset's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Syosset, NY?
According to the most recent data on the cost of living, Syosset has an overall cost of living index of 182, which is 1.8x higher than the national index of 100.
Compared to New York, Syosset has a cost of living index that's 1.5x higher than New York's index of 119.
The standard of living in Syosset ranks as #317 most affordable out of the 341 places we measured in New York. By definition, that implies Syosset ranks as the #24 most expensive place in the Empire State.
For more reading on life in Syosset, check out:
In New York
In America
Syosset Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Syosset. Here is how it fairs on each of the criteria:
The Services index in Syosset is 114.
The Groceries index in Syosset is 103.
The Health index in Syosset is 109.
The Housing index in Syosset is 343.
The Transportation index in Syosset is 103.
The Utilities index in Syosset is 133.
| Living Expense | Syosset | New York | National Average | |
|---|---|---|---|---|
| Overall | 182 | 119 | 100 | |
| Services | 114 | 110 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 109 | 101 | 100 | |
| Housing | 343 | 145 | 100 | |
| Transportation | 103 | 105 | 100 | |
| Utilities | 133 | 99 | 100 | |
Syosset, 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 Syosset is $1,070,906.
The Median Rent in Syosset is $3,066.
The Median Income in Syosset is $187,936.
The Home Value To Income in Syosset is 5.7x.
The Rent To Monthly Income in Syosset is 0.2x.
Median Home Value
Median Rent
Median Income
Syosset, NY Costs By Category
Detailed Syosset Services Costs Vs. New York
Detailed Syosset Groceries Costs Vs. New York
Detailed Syosset Health Costs Vs. New York
Detailed Syosset Transportation Costs Vs. New York
Detailed Syosset Utilities Costs Vs. New York
Syosset SnackAbility
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Cost Of Living In Cities Around Syosset
The cost of living varies in the cities and towns around Syosset. 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, 0.8x Syosset.
Plainview, NY has a cost of living index of 167, 0.9x Syosset.
Massapequa, NY has a cost of living index of 166, 0.9x Syosset.
| City | Population | Cost Of Living | Vs. Syosset |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 0.8x |
| Plainview, NY | 26,251 | 167 | 0.9x |
| Massapequa, NY | 21,822 | 166 | 0.9x |
| Merrick, NY | 21,816 | 167 | 0.9x |
| Woodmere, NY | 18,198 | 194 | 1.1x |
| Massapequa Park, NY | 16,985 | 161 | 0.9x |
| North New Hyde Park, NY | 14,354 | 178 | 1.0x |
| Jericho, NY | 14,117 | 193 | 1.1x |
| Woodbury, NY | 9,270 | 132 | 0.7x |
| Malverne, NY | 8,496 | 158 | 0.9x |
