The cost of living index in Lake Ronkonkoma, NY, stands at 117, which is 17% higher than the nationwide average of 100. This indicates that residents face higher expenses across various categories compared to the national standard. Housing costs, at 130, show a 30% increase, while groceries and miscellaneous items are 15% above the average. This highlights the need for careful budget planning for those considering relocating to Lake Ronkonkoma.
Lake Ronkonkoma, NY, shows a cost of living index that is notably above the nationwide average, particularly in housing. With a housing index of 130, it means housing costs are 30% higher than the national average. This indicates that job seekers and residents need to budget more significantly for housing in Lake Ronkonkoma. Additionally, groceries and miscellaneous expenses are also above average, with indices of 115. This equates to 15% higher costs for groceries and similar expenditures.
Transportation, utilities, and healthcare costs in Lake Ronkonkoma are closer to the nationwide average, although still slightly elevated. The transportation index is at 105, meaning costs are 5% higher. Utilities, at an index of 110, show a 10% increase, while healthcare, with an index of 120, represents a 20% rise. Though the increases in these areas are not as pronounced as in housing, they still contribute to a higher overall cost of living in Lake Ronkonkoma compared to the national average.
