Cost of living in Wading River 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 Wading River 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 Wading River is 152, with 100 being the average.
The cost of living index in Wading River is 1.5x higher than the national average.
Wading River ranks as the #239 cheapest in New York out of 341.
Wading River ranks as the #5,746 cheapest out of 6,489 in the US.
The median home value in Wading River is $734,133.
The median income in Wading River is $132,213.
According to the most recent data on the cost of living, Wading River has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to New York, Wading River has a cost of living index that's 1.3x higher than New York's index of 119.
The standard of living in Wading River ranks as #239 most affordable out of the 341 places we measured in New York. By definition, that implies Wading River ranks as the #102 most expensive place in the Empire State.
For more reading on life in Wading River, check out:
Six factors go into calculating the cost of living index in Wading River. Here is how it fairs on each of the criteria:
The Services index in Wading River is 107.
The Groceries index in Wading River is 100.
The Health index in Wading River is 114.
The Housing index in Wading River is 244.
The Transportation index in Wading River is 102.
The Utilities index in Wading River is 131.
| Living Expense | Wading River | New York | National Average | |
|---|---|---|---|---|
| Overall | 152 | 119 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 100 | 103 | 100 | |
| Health | 114 | 101 | 100 | |
| Housing | 244 | 145 | 100 | |
| Transportation | 102 | 105 | 100 | |
| Utilities | 131 | 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 Wading River is $734,133.
The Median Rent in Wading River is -.
The Median Income in Wading River is $132,213.
The Home Value To Income in Wading River is 5.6x.
The Rent To Monthly Income in Wading River is nanx.
| Statistic | Wading River | New York | United States |
|---|---|---|---|
| Median Home Value | $734,133 | $508,764 | $303,400 |
| Median Rent | - | $1,576 | $1,348 |
| Median Income | $132,213 | $84,578 | $78,538 |
| Home Value To Income | 5.6x | 6.0x | 3.9x |
| Rent To Monthly Income | nanx | 0.22x | 0.21x |
| Item | Wading River | New York |
|---|---|---|
| Shampoo | $1.47 | $1.28 |
| Movie | $15.07 | $12.13 |
| Bowling | $24.0 | $18 |
| Haircut | $39.78 | $24.26 |
| Beauty Salon | $69.0 | $45.56 |
| Item | Wading River | New York |
|---|---|---|
| Ground Beef | $6.28 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $13.21 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.86 | $3.7 |
| Item | Wading River | New York |
|---|---|---|
| Optometrist | $134.7 | $125.68 |
| Doctor | $162.26 | $135.78 |
| Dentist | $136.03 | $113.29 |
| Item | Wading River | New York |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $63.33 | $59.92 |
| Item | Wading River | New York |
|---|---|---|
| All Electricity | $296.64 | $193.99 |
| Phone | $185.16 | $192.25 |
The cost of living varies in the cities and towns around Wading River. Here's a quick look at the cost of living in the most populous nearby places:
Medford, NY has a cost of living index of 134, 0.9x Wading River.
Selden, NY has a cost of living index of 137, 0.9x Wading River.
Farmingville, NY has a cost of living index of 139, 0.9x Wading River.
| City | Population | Cost Of Living | Vs. Wading River |
|---|---|---|---|
| Medford, NY | 25,681 | 134 | 0.9x |
| Selden, NY | 21,707 | 137 | 0.9x |
| Farmingville, NY | 16,605 | 139 | 0.9x |
| Riverhead, NY | 15,073 | 129 | 0.8x |
| Rocky Point, NY | 13,931 | 127 | 0.8x |
| St. James, NY | 13,680 | 151 | 1.0x |
| Nesconset, NY | 13,344 | 159 | 1.0x |
| Stony Brook, NY | 12,827 | 152 | 1.0x |
| Manorville, NY | 12,737 | 140 | 0.9x |
| Ridge, NY | 12,506 | 126 | 0.8x |