Paul Smiths, NY Cost of Living


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Paul Smiths cost of living score
78
Less expensive
22.0% lower
than the US average
35.8% lower
than the New York average
Paul Smiths, New York gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 35.8% lower than the average for New York.

Paul Smiths, NY

Housing costs in Paul Smiths?
A typical home costs $154,000, which is 54.5% less expensive than the national average of $338,100 and 62.8% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Paul Smiths costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 145.0% cheaper than the state average of $1,960.

Can I afford Paul Smiths?
To live comfortably in Paul Smiths, New York, a minimum annual income of $29,520 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Paul Smiths?
The cost of living in Paul Smiths, NY is typically slightly below the national average. The median home price in Paul Smiths is generally around $150,000 to $170,000, making it an affordable place to live. The average rental rate for a one bedroom apartment is approximately $900 per month. In addition, food prices are also relatively low compared to other towns and cities in the state. Overall, Paul Smiths offers a good quality of life at a reasonable cost.
   Cost of living score
     CategoriesPaul SmithsNew YorkUnited States
  78.0121.5100.0
  105.9103.8100
  109.6120.7100.0
  36.3127.9100.0
  $154,000$413,600$338,100
  107.3%115.9%100.0%
  76.5140.7100.0
  106.7121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Paul Smiths
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Over 9 years ago

Paul Smiths is a beautiful area of the Adirondacks. The college (by same name) is overlooking a lake in the wilderness. Paul Smiths is not a town in and of itself,  More

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