Cost of Living in Shoreham, NY

With a cost of living index of 132, Shoreham, NY is a notably expensive place to live. Living here is 32% more expensive than the national average and 21% above the New York state average of 111. Shoreham is a small community of 502 residents.

The median household income in Shoreham is $138,125, which is 84% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Shoreham. The area sees an average annual temperature of 52.4°F, with summers averaging 72°F and winters around 34°F. Annual rainfall totals 44.2 inches spread over roughly 134 days.

Everyday prices in the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.