Cost Of Living in Coney Island, 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	Coney Island	New York	New York
Cost of living	n/a	169	117
Goods & Services	127	127	108
Groceries	113	113	102
Health care	121	121	103
Housing	n/a	288	145
Transportation	115	115	105
Utilities	102	102	100

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Cost Of Living Quick Facts

The cost of living in Coney Island is 93% higher than the New York average
The cost of living in Coney Island is 125% higher than the national average
Coney Island housing is 399% higher 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)
Household	n/a	$0	$0	$0

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	New York	National avg.	Difference
Haircut	$34.94	$24.26	44.0%
Beauty Salon	$64.07	$45.56	40.6%
Toothpaste	$3.96	$3.70	7.0%
Shampoo	$1.69	$1.28	32.3%
Movie	$13.68	$12.13	12.8%
Bowling	$29.40	$18.00	63.3%

Groceries

Item	New York	National avg.	Difference
Ground Beef	$5.87	$5.84	0.6%
Fried Chicken	$1.46	$1.57	6.9%
Milk	$4.97	$4.67	6.3%
Potatoes	$5.21	$4.93	5.7%
Pizza	$12.57	$12.09	4.0%
Beer	$11.87	$10.41	14.0%

Health Care

Item	New York	National avg.	Difference
Optometrist	$128.97	$125.68	2.6%
Doctor	$162.24	$135.78	19.5%
Dentist	$149.64	$113.29	32.1%
Ibuprofen	$11.15	$10.65	4.6%
Lipitor	$402.75	$468.60	14.1%

Housing

Item	New York	National avg.	Difference
Home Price	$635,200.00	$184,700.00	243.9%
Avg. Mortgage Payment	$6,916.73	$2,346.69	194.7%
Apartment Rent	$1,489.00	$949.00	56.9%

Transportation

Item	New York	National avg.	Difference
Gasoline	$3.55	$3.46	2.5%
Tire Balancing	$86.43	$59.92	44.2%

Utilities

Item	New York	National avg.	Difference
All Electricity	$201.27	$193.99	3.8%
Phone	$200.67	$192.25	4.4%

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.
Keansburg, NJ	9,697	110	10.4%
East Orange, NJ	64,650	111	11.1%
Roselle, NJ	21,699	112	12.0%
Silver Lake CDP (Warren County), NJ	320	113	13.2%
Newark, NJ	281,917	114	14.0%
New York, NY	8,379,552	169	69.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Los Angeles, CA	3,973,278	172	71.6%
Toronto, ON	3,013,752	n/a
Chicago, IL	2,699,347	114	14.1%
New York, NY	8,379,552	169	69.4%

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 Coney Island, New York, NY