The cost of living in Riverhead, New York (NY) is lower than the average cost of living in the state of New York but higher than the nationwide city average. The average annual pay in Riverhead is $57,371.00, which is $10,569.00 lower than the salary average in New York but higher than the U.S. average yearly wages by $3,750.00.
The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Riverhead annual salary, sales tax rates and the regional consumer price index.
