Monsey, NY, has a higher cost of living compared to the nationwide average. The cost of living index in Monsey is 128, which is 28% higher than the national average of 100. Housing costs are particularly elevated, standing at 150, which is 50% higher than the average.
Utilities and groceries also exceed the national average, with indices of 110 and 120, respectively. These factors make Monsey a more expensive place to live, especially for those considering housing and daily expenses.
The cost of living in Monsey, NY, stands higher than the nationwide average in several key areas. Housing costs, for instance, are 50% above the national average, with an index of 150. This means that housing expenses in Monsey are significantly more expensive compared to other parts of the country. Groceries also show a notable increase, with costs 20% higher than the national average, at an index of 120. This suggests that residents will spend more on food items than the average American.
Utilities, transportation, healthcare, and miscellaneous expenses in Monsey also exceed the national average. Utilities cost 10% more, with an index of 110, while transportation costs are 5% higher, at 105. Healthcare costs are 30% above the national average, with an index of 130. Miscellaneous expenses, which include items like clothing and entertainment, are 25% higher, with an index of 125. Overall, these figures indicate that living in Monsey involves higher expenditures across various categories compared to the average cost of living in the United States.
