Newark Valley village, NY Cost of Living


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Newark Valley village cost of living score
83.3
Less expensive
16.7% lower
than the US average
31.4% lower
than the New York average
Newark Valley village, New York gets a BestPlaces Cost of Living score of 83.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.7% lower than the U.S. average and 31.4% lower than the average for New York.

Newark Valley village, NY

Housing costs in Newark Valley village?
A typical home costs $109,700, which is 67.6% less expensive than the national average of $338,100 and 73.5% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Newark Valley village costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 127.9% cheaper than the state average of $1,960.

Can I afford Newark Valley village?
To live comfortably in Newark Valley village, New York, a minimum annual income of $20,880 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Newark Valley village?
The cost of living in Newark Valley village, NY is relatively low compared to other areas in the state. The overall cost of living index in New York is 123, whereas in Newark Valley village, NY it is only 106. This indicates that goods and services are about 17% cheaper in this area than they would be in the rest of the state. Housing prices are some of the most affordable in the region, with a median home value of $198,000 and an average rental price for a two bedroom apartment of just $958 per month. All other costs such as transportation, food, health care, and utilities remain relatively low when compared to nearby towns and cities.
   Cost of living score
     CategoriesNewark Valley villageNew YorkUnited States
  83.3121.5100.0
  98103.8100
  116.2120.7100.0
  39.3127.9100.0
  $109,700$413,600$338,100
  100.6%115.9%100.0%
  94.7140.7100.0
  118.4121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Newark Valley village
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We moved here for my husban's job about 15 years ago. It is beautifully rural and a great place to live if you are tired of city and suburbia. The only problem is that  More

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