Zip 13811 (Newark Valley, NY) Cost of Living


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United States / New York / Binghamton Metro Area / Tioga County / No City / Newark Valley (zip 13811)
How much do I need to live in Newark Valley, New York?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Newark Valley cost of living score
83.3
Less expensive
16.7% lower
than the US average
31.4% lower
than the New York average
Newark Valley (zip 13811), New York gets a BestPlaces Cost of Living score of 83.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.7% lower than the U.S. average and 31.4% lower than the average for New York.

Zip 13811 (Newark Valley, NY)

Housing costs in Newark Valley?
A typical home costs $151,600, which is 55.2% less expensive than the national average of $338,100 and 63.3% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Newark Valley costs $870 per month, which is 39.2% cheaper than the national average of $1,430 and 125.3% cheaper than the state average of $1,960.

Can I afford Newark Valley?
To live comfortably in Newark Valley (zip 13811), New York, a minimum annual income of $29,160 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Newark Valley?
The cost of living in Newark Valley, NY (13811) is relatively low compared to other areas. The median home price is around $90,000, which is much lower than the US median of $219,700. Additionally, the average rent for a one-bedroom apartment in Newark Valley is just $650 per month compared to the nationwide average of $1,004. Groceries and healthcare also tend to be cheaper here as well. All these factors make Newark Valley an attractive place to live for those looking for an affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNewark ValleyNew YorkUnited States
    Unlock121.5100.0
  98.0  Unlock100.0
    Unlock120.7100.0
  46.0  Unlock100.0
    Unlock$413,600$338,100
  100.0  Unlock100.0
    Unlock140.7100.0
  118.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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