Cost of living in Gloversville 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 Gloversville 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 Gloversville is 89, with 100 being the average.
The cost of living index in Gloversville is 0.9x lower than the national average.
Gloversville ranks as the #30 cheapest in New York out of 341.
Gloversville ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in Gloversville is $169,888.
The median income in Gloversville is $49,155.
According to the most recent data on the cost of living, Gloversville has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to New York, Gloversville has a cost of living index that's 0.7x lower than New York's index of 119.
The standard of living in Gloversville ranks as #30 most affordable out of the 341 places we measured in New York. By definition, that implies Gloversville ranks as the #311 most expensive place in the Empire State.
For more reading on life in Gloversville, check out:
Six factors go into calculating the cost of living index in Gloversville. Here is how it fairs on each of the criteria:
The Services index in Gloversville is 106.
The Groceries index in Gloversville is 104.
The Health index in Gloversville is 95.
The Housing index in Gloversville is 54.
The Transportation index in Gloversville is 97.
The Utilities index in Gloversville is 104.
| Living Expense | Gloversville | New York | National Average | |
|---|---|---|---|---|
| Overall | 89 | 119 | 100 | |
| Services | 106 | 110 | 100 | |
| Groceries | 104 | 103 | 100 | |
| Health | 95 | 101 | 100 | |
| Housing | 54 | 145 | 100 | |
| Transportation | 97 | 105 | 100 | |
| Utilities | 104 | 99 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Gloversville is $169,888.
The Median Rent in Gloversville is $905.
The Median Income in Gloversville is $49,155.
The Home Value To Income in Gloversville is 3.5x.
The Rent To Monthly Income in Gloversville is 0.22x.
| Statistic | Gloversville | New York | United States |
|---|---|---|---|
| Median Home Value | $169,888 | $508,764 | $303,400 |
| Median Rent | $905 | $1,576 | $1,348 |
| Median Income | $49,155 | $84,578 | $78,538 |
| Home Value To Income | 3.5x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.22x | 0.21x |
| Item | Gloversville | New York |
|---|---|---|
| Shampoo | $1.28 | $1.28 |
| Movie | $13.08 | $12.13 |
| Bowling | $15.96 | $18 |
| Haircut | $28.28 | $24.26 |
| Beauty Salon | $51.36 | $45.56 |
| Item | Gloversville | New York |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.6 | $1.57 |
| Milk | $4.85 | $4.67 |
| Potatoes | $5.09 | $4.93 |
| Pizza | $14.69 | $12.09 |
| Beer | $10.9 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
| Item | Gloversville | New York |
|---|---|---|
| Optometrist | $132.47 | $125.68 |
| Doctor | $111.33 | $135.78 |
| Dentist | $111.69 | $113.29 |
| Item | Gloversville | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $50.33 | $59.92 |
| Item | Gloversville | New York |
|---|---|---|
| All Electricity | $196.7 | $193.99 |
| Phone | $195.71 | $192.25 |
The cost of living varies in the cities and towns around Gloversville. Here's a quick look at the cost of living in the most populous nearby places:
Saratoga Springs, NY has a cost of living index of 126, 1.4x Gloversville.
Niskayuna, NY has a cost of living index of 115, 1.3x Gloversville.
Amsterdam, NY has a cost of living index of 91, 1.0x Gloversville.
| City | Population | Cost Of Living | Vs. Gloversville |
|---|---|---|---|
| Saratoga Springs, NY | 28,542 | 126 | 1.4x |
| Niskayuna, NY | 20,774 | 115 | 1.3x |
| Amsterdam, NY | 18,162 | 91 | 1.0x |
| Cohoes, NY | 18,043 | 99 | 1.1x |
| Greenville, OH | 12,748 | 83 | 0.9x |
| Rensselaer, NY | 9,247 | 100 | 1.1x |
| Johnstown, NY | 8,153 | 92 | 1.0x |
| Colonie, NY | 7,705 | 109 | 1.2x |
| Westmere, NY | 7,616 | 113 | 1.3x |
| Scotia, NY | 7,260 | 98 | 1.1x |