Newstead, NY Cost of Living


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Newstead cost of living score
92.1
Less expensive
7.9% lower
than the US average
24.2% lower
than the New York average
Newstead, New York gets a BestPlaces Cost of Living score of 92.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.9% lower than the U.S. average and 24.2% lower than the average for New York.

Newstead, NY

Housing costs in Newstead?
A typical home costs $272,700, which is 19.3% less expensive than the national average of $338,100 and 34.1% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Newstead costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 94.1% cheaper than the state average of $1,960.

Can I afford Newstead?
To live comfortably in Newstead, New York, a minimum annual income of $52,200 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Newstead?
The cost of living in Newstead, NY is generally affordable. The median home value is just over $100,000 which is much lower than the national average. It has a relatively low sales tax rate and property taxes are also slightly below the national average. The cost of groceries is also reasonable and there are plenty of restaurants offering affordable meal options. With all these factors combined, Newstead offers an extremely reasonable cost of living compared to other places in the United States.
   Cost of living score
     CategoriesNewsteadNew YorkUnited States
  92.1121.5100.0
  101.6103.8100
  105.2120.7100.0
  86.8127.9100.0
  $272,700$413,600$338,100
  98.7%115.9%100.0%
  102.6140.7100.0
  129.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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