Cost of Living in Shelter Island Heights, NY

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

237.2

100 = national avg

+137.2 vs national average

Living Wage (1 Adult)

$104,354

per year

Living Wage (Family of 4)

$246,654

per year

Cost Index by Category

Housing
400.0
Food
129.4
Transportation
158.8
Healthcare
123.5
Utilities
177.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,379

per month

2 Bedroom

$2,747

per month

The overall cost of living index in Shelter Island Heights is 237.2, which is 137.2% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $104,354 per year to cover basic expenses.