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Peconic, NY vs Shelter Island, NY

147
Peconic
New York
VS
-10%
163
Shelter Island
New York

Peconic is moderately more affordable than Shelter Island, with a 10% lower cost of living index. Peconic scores 147 compared to 163 for Shelter Island, where the US average is 100. This difference means residents of Shelter Island can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Peconic are $819,400 compared to $1,019,000 in Shelter Island, a 20% gap.

Median household income in Peconic is $103,654 compared to $129,410 in Shelter Island (-19.9%). While Shelter Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (50.2°F vs 53°F). Shelter Island receives more rainfall at 44.3" per year compared to 43.5" in Peconic.

Income & Cost

Cost of Living Index
Peconic
147
10% cheaper
Shelter Island
163
Median Household Income
Peconic
$103,654
Shelter Island
$129,410
20% higher

Housing

Median Rent
Peconic
Shelter Island
Median Home Value
Peconic
$819,400
20% cheaper
Shelter Island
$1,019,000
Population
Peconic
771
Shelter Island
2,281

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Peconic $3.32
Shelter Island $3.32
US $3.07
🥚
Eggs (grade A, large)
Peconic $2.71
Shelter Island $2.71
US $2.50
🥛
Milk (whole)
Peconic $4.36
Shelter Island $4.36
US $4.03
🍞
Bread (white)
Peconic $2.00
Shelter Island $2.00
US $1.85
🍗
Chicken breast
Peconic $4.49
Shelter Island $4.49
US $4.14
Electricity
Peconic $0.24
Shelter Island $0.24
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Peconic 50.2°F
Shelter Island 53°F
Summer High
Peconic 81°F
Shelter Island 80°F
Winter Low
Peconic 20°F
Shelter Island 28°F
Rainfall
Peconic 43.5"
Shelter Island 44.3"
Rainy Days
Peconic 131d
Shelter Island 125d