Cost of Living in Islip, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
202.5
100 = national avg
+102.5 vs national average
Living Wage (1 Adult)
$89,112
per year
Living Wage (Family of 4)
$210,629
per year
Cost Index by Category
Housing272.0
Food143.7
Transportation187.4
Healthcare135.0
Utilities160.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Islip is 202.5, which is 102.5% above the national average. Housing costs are above the national average at an index of 272.0. A single adult needs to earn approximately $89,112 per year to cover basic expenses.