Cost of living in 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 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 Valley Stream is 151, with 100 being the average.
The cost of living index in Valley Stream is 1.5x higher than the national average.
Valley Stream ranks as the #234 cheapest in New York out of 341.
Valley Stream ranks as the #5,719 cheapest out of 6,489 in the US.
The median home value in Valley Stream is $741,404.
The median income in Valley Stream is $127,426.
According to the most recent data on the cost of living, Valley Stream has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.
Compared to New York, 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 Valley Stream ranks as #234 most affordable out of the 341 places we measured in New York. By definition, that implies Valley Stream ranks as the #107 most expensive place in the Empire State.
For more reading on life in Valley Stream, check out:
Six factors go into calculating the cost of living index in Valley Stream. Here is how it fairs on each of the criteria:
The Services index in Valley Stream is 127.
The Groceries index in Valley Stream is 114.
The Health index in Valley Stream is 119.
The Housing index in Valley Stream is 223.
The Transportation index in Valley Stream is 117.
The Utilities index in Valley Stream is 101.
| Living Expense | Valley Stream | New York | National Average | |
|---|---|---|---|---|
| Overall | 151 | 119 | 100 | |
| Services | 127 | 110 | 100 | |
| Groceries | 114 | 103 | 100 | |
| Health | 119 | 101 | 100 | |
| Housing | 223 | 145 | 100 | |
| Transportation | 117 | 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 Valley Stream is $741,404.
The Median Rent in Valley Stream is $1,994.
The Median Income in Valley Stream is $127,426.
The Home Value To Income in Valley Stream is 5.8x.
The Rent To Monthly Income in Valley Stream is 0.19x.
| Statistic | Valley Stream | New York | United States |
|---|---|---|---|
| Median Home Value | $741,404 | $508,764 | $303,400 |
| Median Rent | $1,994 | $1,576 | $1,348 |
| Median Income | $127,426 | $84,578 | $78,538 |
| Home Value To Income | 5.8x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.22x | 0.21x |
| Item | 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 | 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 | Valley Stream | New York |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
| Item | Valley Stream | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
| Item | 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 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, 1.0x Valley Stream.
Elmont, NY has a cost of living index of 150, 1.0x Valley Stream.
Plainview, NY has a cost of living index of 167, 1.1x Valley Stream.
| City | Population | Cost Of Living | Vs. Valley Stream |
|---|---|---|---|
| Levittown, NY | 51,557 | 145 | 1.0x |
| Elmont, NY | 36,436 | 150 | 1.0x |
| Plainview, NY | 26,251 | 167 | 1.1x |
| Massapequa, NY | 21,822 | 166 | 1.1x |
| Merrick, NY | 21,816 | 167 | 1.1x |
| Lynbrook, NY | 20,251 | 154 | 1.0x |
| Syosset, NY | 18,274 | 182 | 1.2x |
| Woodmere, NY | 18,198 | 194 | 1.3x |
| North Valley Stream, NY | 17,756 | 151 | 1.0x |
| Massapequa Park, NY | 16,985 | 161 | 1.1x |