Centereach, NY

Very High · 164

New York · Population 31,501 · Updated March 2026

$2,398
Median Rent / Month
$127,106
Median Income
$471,300
Median Home Value
$2,501
Owner Costs / Month

Affordability

How far your income goes in Centereach

22.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New York

State-level tax rates that affect your costs

10.9%
Income Tax (Top Rate)
4.0%
Sales Tax
1.62%
Property Tax Rate

Estimated Annual Costs

$28,776
Annual Rent
$13,855
State Income Tax
$7,635
Property Tax (est.)

Cost of Living Overview

Centereach has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 164 (where 100 equals the national median), Centereach residents can expect to pay median rent of $2,398/month while earning a median household income of $127,106/year.

The median home value in Centereach, NY is $471,300, with typical monthly owner costs around $2,501 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New York's top income tax rate of 10.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 1.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in Centereach.

Frequently Asked Questions

Common questions about living costs in Centereach

What is the cost of living in Centereach, NY?
The cost of living index in Centereach, NY is 164 (US average = 100). Median monthly rent is $2,398, median household income is $127,106/year, and the median home value is $471,300.
Is Centereach, NY affordable?
No, Centereach is more expensive than the national average with a cost index of 164. The rent-to-income ratio is 22.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Centereach, NY?
The median gross rent in Centereach, NY is $2,398 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $28,776.
What is the median household income in Centereach?
The median household income in Centereach, NY is $127,106 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New York?
New York has a top income tax rate of 10.9%, a sales tax of 4.0%, and an effective property tax rate of 1.62%.