The cost of living in Coram, NY is significantly higher than in other parts of the country. The average rent for a 2 bedroom apartment is $2,670, which is almost double the national average. Additionally, the Grocery Cost Index is 105, meaning that groceries are 5% more expensive in Coram than they are on average in the United States. Despite the high cost of living, there are some great local companies to work for. Some of these include Stony Brook University, PSEG Long Island, and Suffolk County National Bank.
Coram (zip 11727) has an unemployment rate of 6.1%. The US average is 6.0%.
Coram (zip 11727) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Coram (zip 11727)
- The Sales Tax Rate for Coram (zip 11727) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Coram (zip 11727) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Coram (zip 11727)
- The average income of a Coram (zip 11727) resident is $35,090 a year. The US average is $28,555 a year.
- The Median household income of a Coram (zip 11727) resident is $84,246 a year. The US average is $69,021 a year.