Hyde Park, NY, has a cost of living index of 100.1, which is slightly above the nationwide average of 100. This slight increase means that most expenses, such as housing and groceries, cost only marginally more in Hyde Park compared to the national average. Individuals moving to Hyde Park can expect their spending to be very close to what they would pay elsewhere in the country.
Job seekers considering Hyde Park, NY, should be aware of its cost of living compared to the national average. The housing index in Hyde Park stands at 112, which is 12% higher than the national average. This indicates that housing costs in Hyde Park are above the typical expenses experienced across the country.
Other expenses in Hyde Park also reflect this trend. For instance, groceries in Hyde Park are about 5% cheaper, with an index of 95, while utilities cost 2% more, standing at 102. Transportation costs are very close to the national average, with an index of 98. Healthcare costs match the national average exactly, at 100, offering no additional burden. Miscellaneous expenses are slightly lower in Hyde Park, with an index of 97, representing a 3% decrease from the nationwide average. These figures provide a clear view of where job seekers might save or spend more in Hyde Park compared to other places in the nation.