Zip 12188 (Waterford, NY) Cost of Living


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How much do I need to live in Waterford, New York?
$4,830 / month
for a family, 10.6% less expensive than the national average A total of $57,960 for the year for a family.
$3,367 / month
for a single person, 29.4% less expensive than the national average A total of $40,400 for the year for a single person.

Waterford cost of living score
105.5
More expensive
5.5% higher
than the US average
13.2% lower
than the New York average
Waterford (zip 12188), New York gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 13.2% higher than the average for New York.

Zip 12188 (Waterford, NY)

Housing costs in Waterford?
A typical home costs $302,900, which is 10.4% less expensive than the national average of $338,100 and 26.8% less expensive than the average New York home, at $413,600. Renting a two-bedroom unit in Waterford costs $1,230 per month, which is 14.0% cheaper than the national average of $1,430 and 59.3% cheaper than the state average of $1,960.

Can I afford Waterford?
To live comfortably in Waterford (zip 12188), New York, a minimum annual income of $57,960 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Waterford?
The cost of living in 12188 Waterford, NY is slightly higher than the national average. According to the most recent data from the United States Bureau of Labor Statistics, housing expenses are around 5% above the US average, and transportation and food costs are both around 4% higher than the US average. Despite these higher costs, Waterford remains an affordable place to live and offers its residents a peaceful and beautiful environment. The town's strong sense of community makes it an attractive option for families or individuals looking for a safe place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaterfordNew YorkUnited States
    Unlock121.5100.0
  103.7  Unlock100.0
    Unlock120.7100.0
  95.7  Unlock100.0
    Unlock$413,600$338,100
  112.1  Unlock100.0
    Unlock140.7100.0
  154.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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