Zip 12508 (Beacon, NY) Cost of Living


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Beacon cost of living score
118.3
More expensive
18.3% higher
than the US average
2.6% lower
than the New York average
Beacon (zip 12508), 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.

Zip 12508 (Beacon, NY)

Housing costs in Beacon?
A typical home costs $456,600, which is 35.0% more expensive than the national average of $338,100 and 10.4% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Beacon costs $1,750 per month, which is 10.7% cheaper than the national average of $1,960 and 24.0% cheaper than the state average of $2,170.

Can I afford Beacon?
To live comfortably in Beacon (zip 12508), New York, a minimum annual income of $87,480 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Beacon?
The cost of living in 12508 Beacon, NY is considered to be quite high. The median home value currently stands at $212,700, which is significantly higher than the national average of $184,700. Additionally, the median household income in 12508 Beacon, NY is $58,063 per year, which is slightly higher than the national average of $55,322 per year. Overall, residents of 12508 Beacon can expect to pay more for housing and goods than those living in other parts of the United States.
   Cost of living score
     CategoriesBeaconNew YorkUnited States
  118.3121.5100.0
  107.3103.8100
  126.5120.7100.0
  146.7127.9100.0
  $456,600$413,600$338,100
  121.7%115.9%100.0%
  123.7140.7100.0
  153.1121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime