Cost Of Living in Lyncourt, NY

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lyncourt	New York	National
Cost of living	90	117	100
Goods & Services	101	108	100
Groceries	99	102	100
Health care	103	103	100
Housing	62	145	100
Transportation	108	105	100
Utilities	105	100	100

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Cost Of Living Quick Facts

The cost of living in Lyncourt is 23% lower than the New York average
The cost of living in Lyncourt is 10% lower than the national average
Lyncourt housing is 38% lower than the national average
New York general sales tax is 22% lower than the national average
New York state income tax is 54% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$57,224	$4,769	$1,335	$1,717
Renters	$37,107	$3,092	$866	$1,113

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lyncourt, NY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Lyncourt homeowners, is $57,224. This would allow for a maximum of $1,335 per month to be spent on housing costs. For renters, the median monthly income is $37,107 which would result in a maximum of $866 to be spent on rental costs.

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	10.9%

Goods & Services

Item	Lyncourt	National avg.	Difference
Haircut	$20.03	$24.26	17.4%
Beauty Salon	$42.39	$45.56	7.0%
Toothpaste	$3.62	$3.70	2.2%
Shampoo	$1.33	$1.28	4.1%
Movie	$13.27	$12.13	9.4%
Bowling	$16.74	$18.00	7.0%

Groceries

Item	Lyncourt	National avg.	Difference
Ground Beef	$5.93	$5.84	1.6%
Fried Chicken	$1.39	$1.57	11.4%
Milk	$4.71	$4.67	0.8%
Potatoes	$5.13	$4.93	3.9%
Pizza	$14.83	$12.09	22.7%
Beer	$10.15	$10.41	2.5%

Health Care

Item	Lyncourt	National avg.	Difference
Optometrist	$160.58	$125.68	27.8%
Doctor	$115.23	$135.78	15.1%
Dentist	$110.48	$113.29	2.5%
Ibuprofen	$10.49	$10.65	1.5%
Lipitor	$530.04	$468.60	13.1%

Housing

Item	Lyncourt	National avg.	Difference
Home Price	$94,400.00	$184,700.00	48.9%
Avg. Mortgage Payment	$2,384.28	$2,346.69	1.6%
Apartment Rent	$842.00	$949.00	11.3%

Transportation

Item	Lyncourt	National avg.	Difference
Gasoline	$3.59	$3.46	3.8%
Tire Balancing	$69.82	$59.92	16.5%

Utilities

Item	Lyncourt	National avg.	Difference
All Electricity	$166.89	$193.99	14.0%
Phone	$194.41	$192.25	1.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Bridgeport, NY	1,341	84	16.2%
Syracuse, NY	142,553	90	9.6%
Camillus, NY	1,015	91	9.0%
East Syracuse, NY	2,938	91	8.9%
Galeville, NY	4,175	91	8.9%
Lyncourt, NY	3,952	90	9.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Richwood, TX	3,949	99	1.4%
Wonder Lake, IL	3,955	94	6.3%
Mills, WY	3,955	89	11.3%
Aurora, IN	3,948	90	9.9%
Sykesville, MD	3,948	127	27.4%
Lyncourt, NY	3,952	90	9.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Lyncourt, NY