Cost of Living in Babylon, NY

Population 12,182 · New York · Data vintage 2023

194
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Babylon sits 104% above the national median — $622,000 for the typical home — but median household incomes near $143,856 (93% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Babylon is about 30 miles southeast of Stamford, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Stamford's $614,000 median.

Cost Overview

Housing 204
Rent 180

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Babylon

The median home value in Babylon is $622,100 — 104% above the national median of $305,000. Median rent runs $2,359/month, 80% higher than the national median of $1,314/month. The median household income of $143,856/year is 93% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 61.1°F and lows of 45.9°F. Overall, Babylon has a cost of living index of 194 versus the US average of 100, meaning it is 94% more expensive.

🏠 Housing

Median Home Value
$622,100
104% above avg
Zillow Home Value
$732,602
Zillow ZHVI
Median Rent
$2,359/mo
80% above avg
Zillow Rent
$2,750/mo
Zillow ZORI
Price-to-Rent Ratio
22.0x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 80.9%
Renter-occupied 19.1%

💰 Estimated Monthly Budget

Rent median rent
$2,359
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,973/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.7 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.9%

Commute Mode

Drove alone
67.4%
Carpooled
3.8%
Public transit
7.4%
Walked
2.0%
Bicycle
0.2%
Work from home
18.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$143,856
93% above avg
Per Capita Income
$69,077
Unemployment Rate
4.2%
14% below avg
Poverty Rate
3.3%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 28.3%
Graduate degree 24.4%

👥 Demographics

Median Age 44.9
Male median age 45.7
Female median age 44.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.1°F
Avg Low
45.9°F
Annual Precip
38.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394148586877838275645344
Low °F 252633425161686760483831
Precip" 2.692.033.463.613.183.453.053.253.663.372.933.60

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
76.2%
Good air days/yr
195
Max AQI recorded
86
PM2.5 days
278
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
11.6:1
Student-teacher ratio
3
Public schools
1,581
Total enrollment

Frequently Asked Questions

What is the cost of living in Babylon, NY?

Babylon has a cost index of 194 (100 = national average). It is 94% above the national average.

What is average rent in Babylon, NY?

The median gross rent in Babylon is $2,359 per month based on 2023 Census data.

What is the average home price in Babylon?

The median home value in Babylon is $622,100 according to Zillow and Census data.

What is the median income in Babylon?

The median household income in Babylon is $143,856 per year (2023 ACS 5-year estimates).

What is the sales tax in Babylon, NY?

The combined state and local sales tax rate in Babylon is 8.5%. The New York state income tax top rate is 10.9%.

Is Babylon, NY affordable?

Babylon is above average in cost of living, with an index of 194 — about 94% higher than the national average.

What is the weather like in Babylon?

Babylon has average high temperatures of 61.1°F and average lows of 45.9°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Babylon at a Glance

Population
12,182
Median Income
$143,856
Home Value
$622,100
Median Rent
$2,359/mo
Unemployment
4.2%
Avg High Temp
61.1°F
Sales Tax
8.5%
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