New Paltz, NY Cost of Living


1 Reviews



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How much do I need to live in New Paltz, New York?
$8,310 / month
for a family, 53.9% more expensive than the national average A total of $99,720 for the year for a family.
$4,500 / month
for a single person, 5.6% less expensive than the national average A total of $54,000 for the year for a single person.

New Paltz cost of living score
110.6
More expensive
10.6% higher
than the US average
9.0% lower
than the New York average
New Paltz, New York gets a BestPlaces Cost of Living score of 110.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% higher than the U.S. average and 9.0% higher than the average for New York.

New Paltz, NY

Housing costs in New Paltz?
A typical home costs $521,300, which is 54.2% more expensive than the national average of $338,100 and 26.0% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New Paltz costs $1,760 per month, which is 23.1% more than the national average of $1,430 and 11.4% cheaper than the state average of $1,960.

Can I afford New Paltz?
To live comfortably in New Paltz, New York, a minimum annual income of $99,720 for a family, and $54,000 for a single person is recommended.

What does A.I. say about New Paltz?
The cost of living in New Paltz, NY is slightly higher than the national average. The overall cost of goods and services can be expensive when compared to other areas of the country. Housing costs are particularly high, with median rents ranging from $1,200-$2,500 per month depending on the size and location of the home. Utilities are also expensive due to the area's higher energy costs. Other everyday expenses such as food and clothing tend to be slightly above average. Despite these higher costs, New Paltz has plenty to offer in terms of outdoor activities and cultural attractions that make it a desirable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew PaltzNew YorkUnited States
    Unlock121.5100.0
  106.5  Unlock100.0
    Unlock120.7100.0
  61.8  Unlock100.0
    Unlock$413,600$338,100
  118.2  Unlock100.0
    Unlock140.7100.0
  137.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for New Paltz
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I have lived in New Paltz my entire life, but I plan on moving for work. The good: Outdoor activities -Miles and miles of carriage trails for hiking, biking and  More

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