The small town of Spencertown, NY (population 12165) offers a lower cost of living than the US overall. Rent for a two bedroom apartment is $1,130 compared to the national average of $1,430. Grocery costs are also lower in Spencertown - the grocery cost index is 104 versus 100 in the US. Local shops in the area include The Chatham Bookstore, Chase Bank, and Uptown Pizza and Subs. These local businesses provide great amenities for residents while maintaining an affordable cost of living environment.