Long Beach, NY, has a higher cost of living compared to the nationwide average. The cost of living index in Long Beach is 125, which is 25% higher than the national average of 100. This increase is largely driven by housing, which stands at 145, indicating a 45% higher cost than the national average.
Job seekers should consider these higher costs when planning their budgets. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, though not as significantly as housing. Understanding these figures can help individuals make informed decisions about relocating to Long Beach.
The cost of living in Long Beach, NY, is notably higher than the nationwide average, which is set at 100. Housing costs in Long Beach stand at 145, indicating that residents pay 45% more than the national average for housing. This significant increase can impact budgets, especially for those with fixed incomes or lower wages.
Other expenses also reflect higher costs in Long Beach. For instance, groceries cost 15% more, with an index of 115. Utilities, while slightly above average at 102, are only 2% higher than the national average. Transportation costs are 10% higher, with an index of 110. Healthcare expenses, at 120, show a 20% increase. Miscellaneous items, with an index of 105, are 5% higher than the national average. These figures highlight the overall higher cost of living in Long Beach compared to the rest of the country.
