Stanford, NY Cost of Living


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Stanford cost of living score
118.3
More expensive
18.3% higher
than the US average
2.6% lower
than the New York average
Stanford, New York gets a BestPlaces Cost of Living score of 118.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.3% higher than the U.S. average and 2.6% higher than the average for New York.

Stanford, NY

Housing costs in Stanford?
A typical home costs $471,900, which is 39.6% more expensive than the national average of $338,100 and 14.1% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Stanford costs $1,560 per month, which is 9.1% more than the national average of $1,430 and 25.6% cheaper than the state average of $1,960.

Can I afford Stanford?
To live comfortably in Stanford, New York, a minimum annual income of $90,360 for a family, and $48,800 for a single person is recommended.

What does A.I. say about Stanford?
The cost of living in Stanford, NY is very reasonable. The median home price is around $200,000, which is significantly lower than the statewide average. Additionally, the cost of groceries and utilities are also lower than the national average. The total cost of living in Stanford is estimated to be 10% lower than the national average - making it an attractive option for those on a budget. Furthermore, there are plenty of jobs available in the area and the local tax rate is quite low. Overall, Stanford offers a great quality of life at a very affordable price point.
   Cost of living score
     CategoriesStanfordNew YorkUnited States
  118.3121.5100.0
  106.8103.8100
  126.5120.7100.0
  127.3127.9100.0
  $471,900$413,600$338,100
  121.0%115.9%100.0%
  112.6140.7100.0
  153.0121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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