Cost of Living in South Valley Stream, NY

Population 6,177 · New York · Data vintage 2023

182
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in South Valley Stream sits 110% above the national median — $641,000 for the typical home — but median household incomes near $138,783 (86% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 6.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, South Valley Stream sits roughly 12 miles east of New York. Median home values run roughly 15% lower than New York's $752,000.

Cost Overview

Housing 210
Rent 140

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

About the Cost of Living in South Valley Stream

The median home value in South Valley Stream is $641,300 — 110% above the national median of $305,000. Median rent runs $1,839/month, 40% higher than the national median of $1,314/month. The median household income of $138,783/year is 86% higher than the US median of $74,580. The local unemployment rate is 6.7%, above 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 61.6°F and lows of 47.0°F, with about 25.9" of annual snowfall. Overall, South Valley Stream has a cost of living index of 182 versus the US average of 100, meaning it is 82% more expensive.

🏠 Housing

Median Home Value
$641,300
110% above avg
Median Rent
$1,839/mo
40% above avg
Price-to-Rent Ratio
29.1x
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 77.9%
Renter-occupied 22.1%

💰 Estimated Monthly Budget

Rent median rent
$1,839
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,453/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
43.1 min
60% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.4%

Commute Mode

Drove alone
64.2%
Carpooled
9.9%
Public transit
9.0%
Walked
0.9%
Bicycle
0.3%
Work from home
14.4%

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
$138,783
86% above avg
Per Capita Income
$53,615
Unemployment Rate
6.7%
38% above avg
Poverty Rate
12.7%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 31.0%
Graduate degree 14.2%

👥 Demographics

Median Age 43.9
Male median age 42.2
Female median age 48.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.6°F
Avg Low
47.0°F
Annual Precip
43.3"
Annual Snowfall
25.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249596878848276655445
Low °F 262734435362696861504032
Precip" 3.232.763.943.553.663.853.864.113.583.723.073.96
Snow" 7.58.64.30.60.00.00.00.00.00.00.44.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
75.3%
Good air days/yr
197
Max AQI recorded
365
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in South Valley Stream, NY?

South Valley Stream has a cost index of 182 (100 = national average). It is 82% above the national average.

What is average rent in South Valley Stream, NY?

The median gross rent in South Valley Stream is $1,839 per month based on 2023 Census data.

What is the average home price in South Valley Stream?

The median home value in South Valley Stream is $641,300 according to 2023 Census ACS data.

What is the median income in South Valley Stream?

The median household income in South Valley Stream is $138,783 per year (2023 ACS 5-year estimates).

What is the sales tax in South Valley Stream, NY?

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

Is South Valley Stream, NY affordable?

South Valley Stream is above average in cost of living, with an index of 182 — about 82% higher than the national average.

What is the weather like in South Valley Stream?

South Valley Stream has average high temperatures of 61.6°F and average lows of 47.0°F. Annual precipitation is 43.3". Average annual snowfall is 25.9". Data from NOAA 1991–2020 Climate Normals.

South Valley Stream at a Glance

Population
6,177
Median Income
$138,783
Home Value
$641,300
Median Rent
$1,839/mo
Unemployment
6.7%
Avg High Temp
61.6°F
Sales Tax
8.5%
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