Cost of Living in Wading River, NY
Population: 8,393 | New York
Wading River is 19% more expensive than the national average.
Cost of Living in Wading River, NY: What You Need to Know
With a cost of living index of 119, Wading River, NY is a notably expensive place to live. Living here is 19% more expensive than the national average and 8% above the New York state average of 111. Wading River is a smaller community of 8,393 residents, where everyday costs can differ substantially from nearby larger cities.
The median household income in Wading River is $132,213, which is 76% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
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.
Income
- Median Household Income
- $132,213
- vs US Median ($75,149)
- +76%
Housing
- Median Home Value
- $486,600
- Median Monthly Housing Cost
- $2,274/mo
Everyday Prices in Wading River
BLS Average Prices for the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) area