Are you wondering about how much it costs to live in this part of the country? How much do you spend on living expenses? According to the U.S. Bureau of Labor Statistics, the average cost of living in the Tri-State area amounts to $65,436. This includes groceries, healthcare, pet products, housing, entertainment and clothing. While this number may sound daunting, take relief in knowing there are ways to reduce this amount by introducing some very easy measures to trim down on your daily spending.