Riverhead, NY Cost of Living


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How much do I need to live in Riverhead, New York?
$10,380 / month
for a family, 92.2% more expensive than the national average A total of $124,560 for the year for a family.
$6,600 / month
for a single person, 38.5% more expensive than the national average A total of $79,200 for the year for a single person.

Riverhead cost of living score
147.1
More expensive
47.1% higher
than the US average
21.1% higher
than the New York average
Riverhead, New York gets a BestPlaces Cost of Living score of 147.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 47.1% higher than the U.S. average and 21.1% lower than the average for New York.

Riverhead, NY

Housing costs in Riverhead?
A typical home costs $650,100, which is 92.3% more expensive than the national average of $338,100 and 57.2% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Riverhead costs $2,380 per month, which is 66.4% more than the national average of $1,430 and 17.6% more than the state average of $1,960.

Can I afford Riverhead?
To live comfortably in Riverhead, New York, a minimum annual income of $124,560 for a family, and $79,200 for a single person is recommended.

What does A.I. say about Riverhead?
The cost of living in Riverhead, NY is generally considered to be affordable. The median home value in the city is $245,500, which is lower than the national average of $274,600. Renters can expect to pay an average of $1,608 per month for a one-bedroom apartment. Groceries and other essentials are also reasonably priced compared to many other areas of New York State. Overall, Riverhead provides an excellent quality of life at a reasonable cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRiverheadNew YorkUnited States
    Unlock121.5100.0
  106.2  Unlock100.0
    Unlock120.7100.0
  193.8  Unlock100.0
    Unlock$413,600$338,100
  125.2  Unlock100.0
    Unlock140.7100.0
  154.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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