Zip 14723 (Cherry Creek, NY) Cost of Living


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Cherry Creek cost of living score
75.5
Less expensive
24.5% lower
than the US average
37.9% lower
than the New York average
Cherry Creek (zip 14723), New York gets a BestPlaces Cost of Living score of 75.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.5% lower than the U.S. average and 37.9% lower than the average for New York.

Zip 14723 (Cherry Creek, NY)

Housing costs in Cherry Creek?
A typical home costs $138,600, which is 59.0% less expensive than the national average of $338,100 and 66.5% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Cherry Creek costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 133.3% cheaper than the state average of $1,960.

Can I afford Cherry Creek?
To live comfortably in Cherry Creek (zip 14723), New York, a minimum annual income of $26,640 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Cherry Creek?
The cost of living in 14723 Cherry Creek, NY is higher than the national average. For renters, the median rent for a two bedroom apartment is $717 per month. Utilities are also more expensive than the national average. However, the overall cost of living in this area is still well below that of nearby cities like Buffalo and Rochester. Groceries and restaurants are moderately priced, while entertainment costs slightly more than other locations in the state. Despite the higher cost of living relative to other parts of New York, 14723 Cherry Creek remains a great place to live with its charming small-town atmosphere and close proximity to many major cities in the northeastern United States.
   Cost of living score
     CategoriesCherry CreekNew YorkUnited States
  75.5121.5100.0
  96.3103.8100
  104.6120.7100.0
  40.0127.9100.0
  $138,600$413,600$338,100
  99.1%115.9%100.0%
  84.0140.7100.0
  106.7121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime