Gloversville, NY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Gloversville, NY Summary

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 91, with 100 being the average.

  • The cost of living index in Gloversville is 0.9x lower than the national average.

  • Gloversville ranks as the #44 cheapest in New York out of 340.

  • Gloversville ranks as the #1,804 cheapest out of 6,412 in the US.

  • The median home value in Gloversville is $77,200.

  • The median income in Gloversville is $42,363.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
91
Gloversville's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Gloversville, NY?

According to the most recent data on the cost of living, Gloversville has an overall cost of living index of 91, 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 126.

The standard of living in Gloversville ranks as #44 most affordable out of the 340 places we measured in New York. By definition, that implies Gloversville ranks as the #296 most expensive place in the Empire State.

For more reading on life in Gloversville, check out:

44 out of 340
In New York
1,804 out of 6,412
In America

Gloversville Cost Of Living Vs. New York

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 109.

  • The Groceries index in Gloversville is 113.

  • The Health index in Gloversville is 103.

  • The Housing index in Gloversville is 51.

  • The Transportation index in Gloversville is 106.

  • The Utilities index in Gloversville is 101.

Living Expense Gloversville New York National Average
Overall 91 126 100
Services 109 110 100
Groceries 113 104 100
Health 103 105 100
Housing 51 175 100
Transportation 106 107 100
Utilities 101 102 100
For more reading on cost of living around New York, check out:
Gloversville Cost of Living Vs. NY

Gloversville, NY Housing Cost Breakdown

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 Gloversville is $77,200.

  • The Median Rent in Gloversville is $776.

  • The Median Income in Gloversville is $42,363.

  • The Home Value To Income in Gloversville is 1.8x.

  • The Rent To Monthly Income in Gloversville is 0.22x.

Statistic Gloversville New York United States
Median Home Value $77,200 $340,600 $244,900
Median Rent $776 $1,390 $1,163
Median Income $42,363 $75,157 $69,021
Home Value To Income 1.8x 4.5x 3.5x
Rent To Monthly Income 0.22x 0.22x 0.2x
Search Homes For Sale In Gloversville, NY
$77,200
Median Home Value
$776
Median Rent
$42,363
Median Income

Gloversville, NY Costs By Category

Detailed Gloversville Services Costs Vs. New York

Item Gloversville New York
Shampoo $1.06 $1.06
Movie $14.09 $10.68
Bowling $17.0 $14.67
Haircut $21.64 $18.62
Beauty Salon $45.78 $39.05

Detailed Gloversville Groceries Costs Vs. New York

Item Gloversville New York
Ground Beef $3.6 $4.22
Fried Chicken $1.56 $1.39
Milk $2.44 $2.05
Potatoes $3.46 $3.29
Pizza $10.52 $10.62
Beer $9.93 $9.38
Toothpaste $2.41 $2.34

Detailed Gloversville Health Costs Vs. New York

Item Gloversville New York
Optometrist $142.69 $108.57
Doctor $102.25 $116.17
Dentist $110.33 $99.13

Detailed Gloversville Transportation Costs Vs. New York

Item Gloversville New York
Gasoline $2.36 $2.22
Tire Balancing $48.79 $50.07

Detailed Gloversville Utilities Costs Vs. New York

Item Gloversville New York
All Electricity $163.41 $167.67
Phone $188.21 $175.64

Gloversville SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
8
Diversity
6
Safety
4
Amenities
9
Education
5
Commute
8

Cost Of Living In Cities Around Gloversville

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 122, 1.3x Gloversville.

  • Niskayuna, NY has a cost of living index of 110, 1.2x Gloversville.

  • Amsterdam, NY has a cost of living index of 93, 1.0x Gloversville.

City Population Cost Of Living Vs. Gloversville
Saratoga Springs, NY 28,110 122 1.3x
Niskayuna, NY 20,369 110 1.2x
Amsterdam, NY 18,218 93 1.0x
Cohoes, NY 17,931 101 1.1x
Greenville, OH 12,785 77 0.8x
Rensselaer, NY 9,330 100 1.1x
Johnstown, NY 8,247 95 1.0x
Colonie, NY 7,792 107 1.2x
Westmere, NY 7,730 111 1.2x
Scotia, NY 7,305 98 1.1x

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