Redwood, NY Economy

Redwood, NY is a charming small town located in the northern part of New York State. This community offers locals and visitors a tranquil atmosphere with plenty of recreational activities to enjoy. From local hiking trails to nearby lakes, Redwood's outdoor lifestyle provides endless fun possibilities. The cost of living in Redwood is significantly lower than the US average, with 2 bedroom rent costing $1,110 a month compared to the US average of $1,430. Additionally, groceries are also less expensive with the Grocery Cost Index in Redwood being 98 as opposed to 100 nationally. Redwood is home to many locally owned businesses that offer excellent products and services including Smith's Tire Service, H&L Hardware Store and Whitegrass Cafe & Bakery.