Zip 11956 (New Suffolk, NY) Cost of Living


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How much do I need to live in New Suffolk, New York?
$15,540 / month
for a family, 187.8% more expensive than the national average A total of $186,480 for the year for a family.
$5,733 / month
for a single person, 20.3% more expensive than the national average A total of $68,800 for the year for a single person.

New Suffolk cost of living score
147.1
More expensive
47.1% higher
than the US average
21.1% higher
than the New York average
New Suffolk (zip 11956), 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.

Zip 11956 (New Suffolk, NY)

Housing costs in New Suffolk?
A typical home costs $973,000, which is 187.8% more expensive than the national average of $338,100 and 135.3% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New Suffolk costs $2,060 per month, which is 5.1% more than the national average of $1,960 and 5.3% cheaper than the state average of $2,170.

Can I afford New Suffolk?
To live comfortably in New Suffolk (zip 11956), New York, a minimum annual income of $186,480 for a family, and $68,800 for a single person is recommended.

What does A.I. say about New Suffolk?
The cost of living in 11956 New Suffolk, NY is relatively high compared to other areas of the US. According to a recent study, the overall cost of living index in this area is 138.2 – which is 38.2 higher than the US average of 100. Housing costs are especially expensive with median home prices at $627,600 and median rental prices at $2,200 per month. Though this may seem steep, there are many amenities available in this small yet vibrant community that make it worthwhile, such as access to excellent schools and a variety of outdoor recreational activities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew SuffolkNew YorkUnited States
    Unlock121.5100.0
  111.1  Unlock100.0
    Unlock120.7100.0
  322.1  Unlock100.0
    Unlock$413,600$338,100
  122.4  Unlock100.0
    Unlock140.7100.0
  154.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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