Larchmont, NY Cost of Living


3 Reviews



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Larchmont cost of living score
157
More expensive
57.0% higher
than the US average
29.2% higher
than the New York average
Larchmont, New York gets a BestPlaces Cost of Living score of 157, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 57.0% higher than the U.S. average and 29.2% lower than the average for New York.

Larchmont, NY

Housing costs in Larchmont?
A typical home costs $1,408,000, which is 316.4% more expensive than the national average of $338,100 and 240.4% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Larchmont costs $2,420 per month, which is 69.2% more than the national average of $1,430 and 19.0% more than the state average of $1,960.

Can I afford Larchmont?
To live comfortably in Larchmont, New York, a minimum annual income of $269,640 for a family, and $79,600 for a single person is recommended.

What does A.I. say about Larchmont?
The cost of living in Larchmont, NY is higher than the national average. Housing prices are some of the highest in the country, with a median home price of around $900,000. Goods and services are also more expensive than most other cities due to the area's high wealth. Transportation costs can be quite expensive, with public transportation costing around $2 per ride and gas prices regularly above the national average. Despite this, many people find that the beauty of the area and small-town charm make up for the higher cost of living.
   Cost of living score
     CategoriesLarchmontNew YorkUnited States
  157.0121.5100.0
  116103.8100
  126.3120.7100.0
  453.6127.9100.0
  $1,408,000$413,600$338,100
  144.5%115.9%100.0%
  132.9140.7100.0
  159.4121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Larchmont
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This is a very nice, upscale area with lots of amenities, but too costly for me as I'm approaching retirement. I'm looking to relocate to a much less expensive  More

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Over 17 years ago

Very low crime. Most of the police officers are helping people with health and emergency issues, or dealing with traffic issues. Larchmont has its own police  More

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Over 18 years ago

Larchmont is not affordable to anyone. It is very pretty and super safe but how do you think they are getting this kind of treatment! Average home is $800,000 for a  More

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