Zip 11976 (Water Mill, NY) Cost of Living


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How much do I need to live in Water Mill, New York?
$60,510 / month
for a family, 1,020.6% more expensive than the national average A total of $726,120 for the year for a family.
$9,300 / month
for a single person, 95.1% more expensive than the national average A total of $111,600 for the year for a single person.

Water Mill cost of living score
147.1
More expensive
47.1% higher
than the US average
21.1% higher
than the New York average
Water Mill (zip 11976), 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 11976 (Water Mill, NY)

Housing costs in Water Mill?
A typical home costs $3,789,100, which is 1,020.7% more expensive than the national average of $338,100 and 816.1% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Water Mill costs $3,350 per month, which is 134.3% more than the national average of $1,430 and 41.5% more than the state average of $1,960.

Can I afford Water Mill?
To live comfortably in Water Mill (zip 11976), New York, a minimum annual income of $726,120 for a family, and $111,600 for a single person is recommended.

What does A.I. say about Water Mill?
The cost of living in 11976 Water Mill, NY is quite high compared to the national average. It features a median home price of $1,742,000 and a median household income of over $105,000. This small town offers beautiful scenery, gorgeous beaches, and outdoor activities making it well worth the hefty price tag. Groceries are slightly higher than average but overall costs for goods and services are very competitive. With its low crime rates and excellent schools, this is an area where families can enjoy all the amenities of a larger city without the hassle or expense.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWater MillNew YorkUnited States
    Unlock121.5100.0
  127.7  Unlock100.0
    Unlock120.7100.0
  1,268.3  Unlock100.0
    Unlock$413,600$338,100
  123.7  Unlock100.0
    Unlock140.7100.0
  154.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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