The cost of living index in Mount Sinai, NY, shows that housing costs are 50% higher than the nationwide average. This increase is due to the housing index being at 150 compared to the baseline of 100. Other categories like groceries, utilities, and healthcare also exceed the national average, with groceries at 20%, utilities at 10%, and healthcare at 15% higher. This data highlights the higher expenses job seekers might face in Mount Sinai.
The cost of living in Mount Sinai, NY, stands notably higher than the nationwide average, which is set at 100. Housing costs in Mount Sinai are 50% higher than the national average, with an index of 150. This significant increase means that residents will need to allocate a larger portion of their budget to secure a place to live. Additionally, groceries in Mount Sinai are 20% more expensive, with an index of 120, reflecting the higher prices of food items in the area.
Utilities in Mount Sinai also exceed the national average, with an index of 110, indicating a 10% increase in costs. Transportation costs are 30% higher, with an index of 130, which can impact daily commuting expenses. Healthcare costs are 15% above the national average, with an index of 115, suggesting that medical services and insurance may be more costly. Miscellaneous expenses, with an index of 125, are 25% higher, encompassing various other daily costs. Overall, the cost of living in Mount Sinai, NY, is substantially higher than the national average, impacting multiple aspects of daily life.