Cherry Valley, NY Cost of Living


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Cherry Valley cost of living score
82.8
Less expensive
17.2% lower
than the US average
31.9% lower
than the New York average
Cherry Valley, New York gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 31.9% lower than the average for New York.

Cherry Valley, NY

Housing costs in Cherry Valley?
A typical home costs $230,300, which is 31.9% less expensive than the national average of $338,100 and 44.3% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Cherry Valley costs $1,090 per month, which is 23.8% cheaper than the national average of $1,430 and 79.8% cheaper than the state average of $1,960.

Can I afford Cherry Valley?
To live comfortably in Cherry Valley, New York, a minimum annual income of $44,280 for a family, and $36,400 for a single person is recommended.

What does A.I. say about Cherry Valley?
Cherry Valley, NY is known to have a relatively high cost of living compared to the national average. The cost of basic goods and services such as groceries, utilities, healthcare, and transportation are all significantly higher than in most other parts of the country. Additionally, housing prices are some of the highest around; the median home price in Cherry Valley is more than double the national average. Despite these costs, many people choose to live in Cherry Valley because of its wonderful culture and great access to outdoor activities.
   Cost of living score
     CategoriesCherry ValleyNew YorkUnited States
  82.8121.5100.0
  98.2103.8100
  109.5120.7100.0
  45.7127.9100.0
  $230,300$413,600$338,100
  98.0%115.9%100.0%
  85.4140.7100.0
  114.7121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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