The cost of living index in Westhampton Beach, NY, significantly surpasses the nationwide average. Housing costs 100% higher, while groceries, utilities, transportation, healthcare, and miscellaneous expenses also rise notably. This means residents face a 20% higher cost in groceries, 10% more for utilities, 15% more for transportation, 25% more for healthcare, and 30% more for other items compared to the national average.
Job seekers should consider these figures when planning a move to Westhampton Beach. Higher living expenses in several key areas can impact overall financial planning and quality of life.
Westhampton Beach, NY, showcases a cost of living that significantly exceeds the nationwide average. The housing index in Westhampton Beach is notably high at 200, which is double the national average of 100. This implies that residents need to budget twice as much for housing compared to the average American. Similarly, the groceries index at 120 is 20% higher than the national standard, indicating that food costs are also above average for those living here.
Moreover, other essential categories like utilities, transportation, healthcare, and miscellaneous expenses are also elevated. Utilities are 10% higher, transportation costs are 15% above the national average, healthcare expenses are 25% higher, and miscellaneous costs are 30% greater. These statistics highlight that living in Westhampton Beach involves higher expenses across the board, making it important for job seekers and residents to carefully consider these factors when planning their budgets.
