Hyde Park, NY, shows a higher cost of living compared to the nationwide average. Housing costs are 10% higher, while groceries are 5% more expensive. Utilities, transportation, healthcare, and miscellaneous costs are slightly below or at the national average.
The overall cost of living in Hyde Park stands at 102, which is 2% higher than the national average of 100. This indicates that residents may face slightly higher expenses in certain areas, particularly housing and groceries.
Hyde Park, NY, shows a cost of living index that is slightly higher than the nationwide average. Housing costs are notably higher, with an index of 110. This means that housing expenses in Hyde Park are 10% more than the national average. For job seekers considering this area, this could be a significant factor in their budget planning.
Other areas also reflect higher costs compared to the national average. Groceries, for example, have a cost of living index of 105, indicating a 5% increase. Utilities, while slightly lower, still stand at 95, which is 5% below the national average. Transportation costs are close to the average, with an index of 98, showing a minimal 2% decrease. Healthcare costs are slightly above average at 102, which means an increase of 2%. Miscellaneous costs align perfectly with the national average at 100. Overall, Hyde Park presents a cost of living that is generally higher than the national average, particularly in housing and groceries.
