Chestnut Ridge, NY Cost Of Living
Cost Of Living In Chestnut Ridge, NY Summary
Cost of living in Chestnut Ridge 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 Chestnut Ridge 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 Chestnut Ridge is 140, with 100 being the average.
The cost of living index in Chestnut Ridge is 1.4x higher than the national average.
Chestnut Ridge ranks as the #188 cheapest in New York out of 340.
Chestnut Ridge ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in Chestnut Ridge is $577,800.
The median income in Chestnut Ridge is $98,203.
Table Of Contents
Chestnut Ridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Chestnut Ridge, NY?
According to the most recent data on the cost of living, Chestnut Ridge has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to New York, Chestnut Ridge has a cost of living index that's 1.1x higher than New York's index of 126.
The standard of living in Chestnut Ridge ranks as #188 most affordable out of the 340 places we measured in New York. By definition, that implies Chestnut Ridge ranks as the #152 most expensive place in the Empire State.
For more reading on life in Chestnut Ridge, check out:
- Living In Chestnut Ridge
- Search Homes For Sale In Chestnut Ridge, NY
In New York
In America
Chestnut Ridge Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Chestnut Ridge. Here is how it fairs on each of the criteria:
The Services index in Chestnut Ridge is 115.
The Groceries index in Chestnut Ridge is 108.
The Health index in Chestnut Ridge is 97.
The Housing index in Chestnut Ridge is 211.
The Transportation index in Chestnut Ridge is 108.
The Utilities index in Chestnut Ridge is 104.
| Living Expense | Chestnut Ridge | New York | National Average | |
|---|---|---|---|---|
| Overall | 140 | 126 | 100 | |
| Services | 115 | 110 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 97 | 105 | 100 | |
| Housing | 211 | 175 | 100 | |
| Transportation | 108 | 107 | 100 | |
| Utilities | 104 | 102 | 100 | |
Chestnut Ridge, 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 Chestnut Ridge is $577,800.
The Median Rent in Chestnut Ridge is $1,919.
The Median Income in Chestnut Ridge is $98,203.
The Home Value To Income in Chestnut Ridge is 5.9x.
The Rent To Monthly Income in Chestnut Ridge is 0.23x.
| Statistic | Chestnut Ridge | New York | United States |
|---|---|---|---|
| Median Home Value | $577,800 | $340,600 | $244,900 |
| Median Rent | $1,919 | $1,390 | $1,163 |
| Median Income | $98,203 | $75,157 | $69,021 |
| Home Value To Income | 5.9x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Chestnut Ridge, NY Costs By Category
Detailed Chestnut Ridge Services Costs Vs. New York
| Item | Chestnut Ridge | New York |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $12.49 | $10.68 |
| Bowling | $18.0 | $14.67 |
| Haircut | $20.93 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Chestnut Ridge Groceries Costs Vs. New York
| Item | Chestnut Ridge | New York |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.79 | $1.39 |
| Milk | $2.44 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.36 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $2.22 | $2.34 |
Detailed Chestnut Ridge Health Costs Vs. New York
| Item | Chestnut Ridge | New York |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Chestnut Ridge Transportation Costs Vs. New York
| Item | Chestnut Ridge | New York |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Chestnut Ridge Utilities Costs Vs. New York
| Item | Chestnut Ridge | New York |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Chestnut Ridge SnackAbility
/10
Cost Of Living In Cities Around Chestnut Ridge
The cost of living varies in the cities and towns around Chestnut Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Spring Valley, NY has a cost of living index of 122, 0.9x Chestnut Ridge.
Monsey, NY has a cost of living index of 155, 1.1x Chestnut Ridge.
Eastchester, NY has a cost of living index of 163, 1.2x Chestnut Ridge.
| City | Population | Cost Of Living | Vs. Chestnut Ridge |
|---|---|---|---|
| Spring Valley, NY | 32,953 | 122 | 0.9x |
| Monsey, NY | 27,359 | 155 | 1.1x |
| Eastchester, NY | 20,636 | 163 | 1.2x |
| Mamaroneck, NY | 19,989 | 165 | 1.2x |
| Nanuet, NY | 19,624 | 145 | 1.0x |
| Pearl River, NY | 16,387 | 146 | 1.0x |
| Airmont, NY | 9,964 | 141 | 1.0x |
| Park Ridge, NJ | 8,987 | 165 | 1.2x |
| Hillcrest, NY | 8,667 | 143 | 1.0x |
| Montvale, NJ | 8,413 | 174 | 1.2x |
