Zip 12561 (New Paltz, NY) Cost of Living


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United States / New York / Kingston Metro Area / Ulster County / No City / New Paltz (zip 12561)
How much do I need to live in New Paltz, New York?
$7,200 / month
for a family, 33.3% more expensive than the national average A total of $86,400 for the year for a family.
$4,467 / month
for a single person, 6.3% less expensive than the national average A total of $53,600 for the year for a single person.

New Paltz cost of living score
110.6
More expensive
10.6% higher
than the US average
9.0% lower
than the New York average
New Paltz (zip 12561), New York gets a BestPlaces Cost of Living score of 110.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.6% higher than the U.S. average and 9.0% higher than the average for New York.

Zip 12561 (New Paltz, NY)

Housing costs in New Paltz?
A typical home costs $451,000, which is 33.4% more expensive than the national average of $338,100 and 9.0% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New Paltz costs $1,730 per month, which is 21.0% more than the national average of $1,430 and 13.3% cheaper than the state average of $1,960.

Can I afford New Paltz?
To live comfortably in New Paltz (zip 12561), New York, a minimum annual income of $86,400 for a family, and $53,600 for a single person is recommended.

What does A.I. say about New Paltz?
The cost of living in 12561 New Paltz, NY is quite high compared to the national average. The median home price in this area is around $330,000, which is much higher than the national median home price of approximately $200,000. In addition, basic utilities such as electricity and water tend to be more expensive here than most other places in the United States. There are also many high-end restaurants and stores located nearby, so overall it can be quite expensive to live here.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew PaltzNew YorkUnited States
    Unlock121.5100.0
  106.6  Unlock100.0
    Unlock120.7100.0
  136.1  Unlock100.0
    Unlock$413,600$338,100
  118.2  Unlock100.0
    Unlock140.7100.0
  137.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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