Deposit, NY is a small village located in Broome County in the Southern Tier of New York State. It is part of the Binghamton Metropolitan Statistical Area and has a population of 1,556 people according to the 2019 census. Despite its small size, Deposit ranks highly on many bestplaces rankings. According to bestplaces.net, it ranks #1 for Lowest Cost Of Living, #2 for Best Climate and #3 for Most Relaxing Places In New York. The cost of living index measures the affordability of basic goods such as housing, food, transportation and insurance relative to typical prices across the United States; Deposit's score of 87.7 is well below the national average of 100 for reference. In addition, Deposit takes pride in its pleasant climate which features hot summers and cold winters with temperatures rarely reaching extremes; this makes it an ideal place to settle down or retire comfortably! Finally, its quietness and isolation make Deposit one of the most relaxing places in New York state; it is great for those who are looking for some peace and tranquility away from city life.
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