Cost of living in Croton-on-Hudson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Croton-on-Hudson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New York, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Croton-on-Hudson is 159, with 100 being the average.
The cost of living index in Croton-on-Hudson is 1.6x higher than the national average.
Croton-on-Hudson ranks as the #278 cheapest in New York out of 340.
Croton-on-Hudson ranks as the #5,989 cheapest out of 6,412 in the US.
The median home value in Croton-on-Hudson is $605,700.
The median income in Croton-on-Hudson is $150,260.
According to the most recent data on the cost of living, Croton-on-Hudson has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to New York, Croton-on-Hudson has a cost of living index that's 1.3x higher than New York's index of 126.
The standard of living in Croton-on-Hudson ranks as #278 most affordable out of the 340 places we measured in New York. By definition, that implies Croton-on-Hudson ranks as the #62 most expensive place in the Empire State.
For more reading on life in Croton-on-Hudson, check out:
Six factors go into calculating the cost of living index in Croton-on-Hudson. Here is how it fairs on each of the criteria:
The Services index in Croton-on-Hudson is 122.
The Groceries index in Croton-on-Hudson is 104.
The Health index in Croton-on-Hudson is 118.
The Housing index in Croton-on-Hudson is 245.
The Transportation index in Croton-on-Hudson is 115.
The Utilities index in Croton-on-Hudson is 132.
|Living Expense||Croton-on-Hudson||New York||National Average|
Housing swings affordability the most between places in New York, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Croton-on-Hudson is $605,700.
The Median Rent in Croton-on-Hudson is $1,709.
The Median Income in Croton-on-Hudson is $150,260.
The Home Value To Income in Croton-on-Hudson is 4.0x.
The Rent To Monthly Income in Croton-on-Hudson is 0.14x.
|Statistic||Croton-on-Hudson||New York||United States|
|Median Home Value||$605,700||$340,600||$244,900|
|Home Value To Income||4.0x||4.5x||3.5x|
|Rent To Monthly Income||0.14x||0.22x||0.2x|
The cost of living varies in the cities and towns around Croton-on-Hudson. Here's a quick look at the cost of living in the most populous nearby places:
Ossining, NY has a cost of living index of 140, 0.9x Croton-on-Hudson.
Peekskill, NY has a cost of living index of 129, 0.8x Croton-on-Hudson.
Eastchester, NY has a cost of living index of 163, 1.0x Croton-on-Hudson.
|City||Population||Cost Of Living||Vs. Croton-on-Hudson|
|Stony Point, NY||12,389||137||0.9x|
|Dobbs Ferry, NY||11,511||169||1.1x|
|West Haverstraw, NY||10,665||125||0.8x|
|Briarcliff Manor, NY||7,587||175||1.1x|