Cost of living in Stony Brook University, New York

Cost of living
compared to USA

the highest

Cost of living
compared to New York

the highest

Median household
income

the highest

Is it expensive to live in Stony Brook University, New York? When calculating the cost of living in Stony Brook University, New York we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Stony Brook University, New York is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in New York, while median household income in Stony Brook University is $146,331 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in New York.

Taxes in Stony Brook University, New York

The sales tax rate in Stony Brook University, New York is 8.6%. Last year, the average property taxes paid was 2.3% Stony Brook University, New York.

Here is the table with the State Income Taxes in the state of New York:

State Income Tax Brackets:

Income Brackets(single):	Income Brackets(Married):	New York Income Tax Rate
$0 - $8,500	$0 - $17,150	4.0%
$8,500 - $11,700	$17,150 - $23,600	4.5%
$11,700 - $13,900	$23,600 - $27,900	5.3%
$13,900 - $80,650	$27,900 - $161,550	5.5%
$80,650 - $215,400	$161,550 - $323,200	6.0%
$215,400 - $1,077,550	$323,200 - $2,155,350	6.8%
$1,077,550 - $5,000,000	$2,155,350 - $5,000,000	9.7%
$5,000,000 - $25,000,000	$5,000,000 - $25,000,000	10.3%
>= $25,000,000	>= $25,000,000	10.9%

Housing costs in Stony Brook University, New York

The average cost of
a single-family home
compated to USA

the highest

The average cost of
a single-family home
compated to New York

the highest

In Stony Brook University, New York, 90.0% of the population owns their homes, while approximately 10.0% rent. The average cost of a single-family home in Stony Brook University, New York in 2023 is $649,585 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in New York. The average one-bedroom apartment cost is approximately $2,607 per month.

Rental Size	Monthly Cost	Compared to New York
1 Bedroom	$2,607	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$3,052	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$3,951	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$4,286	the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest