Babylon, NY Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Babylon, NY Summary

Cost of living in Babylon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Babylon is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Babylon is 151, with 100 being the average.

  • The cost of living index in Babylon is 1.5x higher than the national average.

  • Babylon ranks as the #246 cheapest in New York out of 340.

  • Babylon ranks as the #5,861 cheapest out of 6,412 in the US.

  • The median home value in Babylon is $524,900.

  • The median income in Babylon is $135,974.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
151
Babylon's Overall Cost Of Living
1.5x
Higher Than The National Average

What is the cost of living in Babylon, NY?

According to the most recent data on the cost of living, Babylon has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.

Compared to New York, Babylon has a cost of living index that's 1.2x higher than New York's index of 126.

The standard of living in Babylon ranks as #246 most affordable out of the 340 places we measured in New York. By definition, that implies Babylon ranks as the #94 most expensive place in the Empire State.

For more reading on life in Babylon, check out:

246 out of 340
In New York
5,861 out of 6,412
In America

Babylon Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Babylon. Here is how it fairs on each of the criteria:

  • The Services index in Babylon is 123.

  • The Groceries index in Babylon is 108.

  • The Health index in Babylon is 118.

  • The Housing index in Babylon is 222.

  • The Transportation index in Babylon is 116.

  • The Utilities index in Babylon is 133.

Living Expense Babylon New York National Average
Overall 151 126 100
Services 123 110 100
Groceries 108 104 100
Health 118 105 100
Housing 222 175 100
Transportation 116 107 100
Utilities 133 102 100
For more reading on cost of living around New York, check out:
Babylon Cost of Living Vs. NY

Babylon, NY Housing Cost Breakdown

Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Babylon is $524,900.

  • The Median Rent in Babylon is $2,202.

  • The Median Income in Babylon is $135,974.

  • The Home Value To Income in Babylon is 3.9x.

  • The Rent To Monthly Income in Babylon is 0.19x.

Statistic Babylon New York United States
Median Home Value $524,900 $340,600 $244,900
Median Rent $2,202 $1,390 $1,163
Median Income $135,974 $75,157 $69,021
Home Value To Income 3.9x 4.5x 3.5x
Rent To Monthly Income 0.19x 0.22x 0.2x
Search Homes For Sale In Babylon, NY
$524,900
Median Home Value
$2,202
Median Rent
$135,974
Median Income

Babylon, NY Costs By Category

Detailed Babylon Services Costs Vs. New York

Item Babylon New York
Shampoo $0.96 $1.06
Movie $13.09 $10.68
Bowling $18.83 $14.67
Haircut $32.76 $18.62
Beauty Salon $65.09 $39.05

Detailed Babylon Groceries Costs Vs. New York

Item Babylon New York
Ground Beef $4.44 $4.22
Fried Chicken $1.42 $1.39
Milk $2.65 $2.05
Potatoes $3.98 $3.29
Pizza $9.41 $10.62
Beer $10.04 $9.38
Toothpaste $2.13 $2.34

Detailed Babylon Health Costs Vs. New York

Item Babylon New York
Optometrist $127.5 $108.57
Doctor $118.17 $116.17
Dentist $132.27 $99.13

Detailed Babylon Transportation Costs Vs. New York

Item Babylon New York
Gasoline $2.33 $2.22
Tire Balancing $69.75 $50.07

Detailed Babylon Utilities Costs Vs. New York

Item Babylon New York
All Electricity $261.22 $167.67
Phone $178.6 $175.64

Babylon SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
9.5
Affordability
6
Diversity
6
Safety
N/A
Amenities
9
Education
9
Commute
3

Cost Of Living In Cities Around Babylon

The cost of living varies in the cities and towns around Babylon. Here's a quick look at the cost of living in the most populous nearby places:

  • Levittown, NY has a cost of living index of 140, 0.9x Babylon.

  • West Babylon, NY has a cost of living index of 136, 0.9x Babylon.

  • West Islip, NY has a cost of living index of 146, 1.0x Babylon.

City Population Cost Of Living Vs. Babylon
Levittown, NY 52,540 140 0.9x
West Babylon, NY 43,397 136 0.9x
West Islip, NY 27,557 146 1.0x
Lindenhurst, NY 27,169 135 0.9x
Plainview, NY 26,665 155 1.0x
Copiague, NY 23,552 135 0.9x
Massapequa, NY 22,249 163 1.1x
Merrick, NY 20,990 172 1.1x
North Amityville, NY 19,817 128 0.8x
Syosset, NY 19,347 177 1.2x

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