Babylon, NY

Yes — Babylon is about 54% more expensive than the national average, with an overall Cost Index of 154. Housing is the biggest factor: the typical home here is valued around $622,100, and monthly rents average roughly $2,359. Day-to-day costs like groceries and utilities tend to run higher than average as well.

Start with housing. Typical monthly rent is $2,359, while local median household income is $143,856. That implies a rent-burden proxy of about 20% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

New York has a progressive state income tax with a top rate of 10.9%. The effective property tax rate is 1.72%. On a home worth $622,100, that translates to roughly $10,700 per year in property taxes. Sales tax (state + local) averages around 8.52% on everyday purchases.

The typical monthly rent in Babylon is around $2,359. That's about 75% higher than the $1,348 national median. For comparison, the median home value here is $622,100, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Babylon is valued at $622,100. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $3,146/month for principal and interest alone — before property taxes and insurance. About 81% of residents here own their homes.

Grocery prices in Babylon are noticeably pricier compared to the rest of the US (index: 110, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 127). Both add meaningful weight to your monthly budget here.

Babylon is a small town with a population of about 12,182. The median age of residents is 44.9, skewing somewhat older — common in established suburban communities. The local poverty rate is 3.25%, well below the national average of 12.4%.