Lake George, NY Cost of Living


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Lake George cost of living score
98.4
Less expensive
1.6% lower
than the US average
19.0% lower
than the New York average
Lake George, New York gets a BestPlaces Cost of Living score of 98.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 1.6% lower than the U.S. average and 19.0% lower than the average for New York.

Lake George, NY

Housing costs in Lake George?
A typical home costs $402,500, which is 19.0% more expensive than the national average of $338,100 and 2.7% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Lake George costs $1,200 per month, which is 16.1% cheaper than the national average of $1,430 and 63.3% cheaper than the state average of $1,960.

Can I afford Lake George?
To live comfortably in Lake George, New York, a minimum annual income of $77,040 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Lake George?
The cost of living in Lake George, NY is relatively low compared to other areas of the state. The area offers an affordable housing market with median home prices below the national average. In addition, basic necessities like groceries and utilities are also less expensive than in other parts of New York State. Overall, living in Lake George is quite affordable, making it a great option for those looking to get away from the hustle and bustle of city life without breaking the bank.
   Cost of living score
     CategoriesLake GeorgeNew YorkUnited States
  98.4121.5100.0
  105.8103.8100
  115.2120.7100.0
  107.5127.9100.0
  $402,500$413,600$338,100
  114.2%115.9%100.0%
  97.6140.7100.0
  132.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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