The cost of living index in Somers, NY, reveals that housing costs are notably higher than the nationwide average. Housing in Somers stands at 176, which is 76% higher than the national average of 100. Additionally, while other categories such as groceries, utilities, transportation, healthcare, and miscellaneous expenses hover slightly above the national average, housing is the most significant factor driving up the overall cost of living in Somers. Groceries are at 110, utilities at 115, transportation at 113, healthcare at 107, and miscellaneous at 102, each indicating modest increases compared to the nationwide average.
The cost of living in Somers, NY, notably exceeds the nationwide average in several key areas. Housing costs, for instance, stand at 76% higher than the average, reflecting the significant expense associated with finding a home in this location. This high percentage suggests that residents will allocate a larger portion of their income to shelter compared to the national norm. Similarly, groceries cost about 10% more in Somers, adding to the overall financial burden for individuals and families. Utilities and transportation also show moderate increases, with costs at 15% and 13% above the national average, respectively.
Despite these elevated costs, healthcare in Somers remains slightly below the nationwide average, with expenses at 93% of the national cost. This offers a slight relief for residents, though it is not enough to offset the higher costs in other areas. Additionally, miscellaneous expenses align closely with the national average, at just 2% higher. This indicates that while some categories demand more spending, others remain relatively comparable to the national standard. Overall, the cost of living in Somers, NY, is considerably higher in specific areas, which potential residents should consider when planning their budgets.
