Zip 12970 (Paul Smiths, NY) Cost of Living


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United States / New York / Malone Metro Area / Franklin County / No City / Paul Smiths (zip 12970)

Paul Smiths cost of living score
78
Less expensive
22.0% lower
than the US average
35.8% lower
than the New York average
Paul Smiths (zip 12970), New York gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 35.8% lower than the average for New York.

Zip 12970 (Paul Smiths, NY)

Housing costs in Paul Smiths?
A typical home costs $231,100, which is 31.6% less expensive than the national average of $338,100 and 44.1% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Paul Smiths costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 139.0% cheaper than the state average of $1,960.

Can I afford Paul Smiths?
To live comfortably in Paul Smiths (zip 12970), New York, a minimum annual income of $44,280 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Paul Smiths?
The cost of living in 12970 Paul Smiths, NY is quite affordable. Although prices for goods and services vary slightly between different neighborhoods, the overall cost of living is lower than the national average. Home prices are relatively low, with the median value of homes currently estimated at around $167,000. The median household income is also low, but housing expenses remain relatively low when compared to other places in New York State. The cost of groceries and utilities are also reasonable, making it a great place to live for those on a budget or who are just starting out.
   Cost of living score
     CategoriesPaul SmithsNew YorkUnited States
  78.0121.5100.0
  105.9103.8100
  109.6120.7100.0
  64.5127.9100.0
  $231,100$413,600$338,100
  110.7%115.9%100.0%
  76.5140.7100.0
  106.8121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime