Cost of Living in Hempstead, NY
| Cost of Living in Hempstead, NY | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 12% higher | 102% higher |
| Utilities (Monthly) | 12% higher | 17% higher |
| Food | 1% lower | 3% higher |
| Healthcare | 11% higher | 19% higher |
| Transportation | 5% lower | 1% higher |
| Goods & Services | 8% higher | 17% higher |
The cost of living in Hempstead, NY is 8% higher than the state average and 37% higher than the national average. Hempstead, NY housing is 102% more expensive than the U.S average, while utilities are about 17% pricier. When it comes to basic necessities such as food and clothing, groceries are around 3% pricier in Hempstead, NY than in the rest of the country, while clothing costs around 17% more .
Healthcare services such as doctor check-ups and dentistry cost 19% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 17% pricier in Hempstead, NY.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Hempstead is $2,484, while home prices circle around $455,778.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Hempstead, energy bills cost around $208.62 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $5.00 in Hempstead, a dozen eggs go for around $4.02 and a pound of potatoes circles around $5.11.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Hempstead, an optometry check-up costs around $159.05, while a dentist appointment is priced $110.67 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.60 in Hempstead, while getting your tires balanced will run you about $76.81.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $31.83 here. Meanwhile, a pair of women's slacks will set you back around $37.37.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Hempstead, you should budget around $8.67 a month. When it comes to personal services, a haircut usually goes for $20.61, while dry cleaning costs about $16.67.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Hempstead, the median household income is $82,454.