Hudson Falls, NY Cost Of Living
Cost Of Living In Hudson Falls, NY Summary
Cost of living in Hudson Falls 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 Hudson Falls 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 Hudson Falls is 95, with 100 being the average.
The cost of living index in Hudson Falls is 0.9x lower than the national average.
Hudson Falls ranks as the #64 cheapest in New York out of 341.
Hudson Falls ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Hudson Falls is $236,194.
The median income in Hudson Falls is $62,237.
Table Of Contents
Hudson Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hudson Falls, NY?
According to the most recent data on the cost of living, Hudson Falls has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to New York, Hudson Falls has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Hudson Falls ranks as #64 most affordable out of the 341 places we measured in New York. By definition, that implies Hudson Falls ranks as the #277 most expensive place in the Empire State.
For more reading on life in Hudson Falls, check out:
In New York
In America
Hudson Falls Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Hudson Falls. Here is how it fairs on each of the criteria:
The Services index in Hudson Falls is 105.
The Groceries index in Hudson Falls is 102.
The Health index in Hudson Falls is 92.
The Housing index in Hudson Falls is 72.
The Transportation index in Hudson Falls is 96.
The Utilities index in Hudson Falls is 100.
| Living Expense | Hudson Falls | New York | National Average | |
|---|---|---|---|---|
| Overall | 95 | 119 | 100 | |
| Services | 105 | 110 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 92 | 101 | 100 | |
| Housing | 72 | 145 | 100 | |
| Transportation | 96 | 105 | 100 | |
| Utilities | 100 | 99 | 100 | |
Hudson Falls, 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 2019-2023. The key points are:
The Median Home Value in Hudson Falls is $236,194.
The Median Rent in Hudson Falls is $876.
The Median Income in Hudson Falls is $62,237.
The Home Value To Income in Hudson Falls is 3.8x.
The Rent To Monthly Income in Hudson Falls is 0.17x.
| Statistic | Hudson Falls | New York | United States |
|---|---|---|---|
| Median Home Value | $236,194 | $508,764 | $303,400 |
| Median Rent | $876 | $1,576 | $1,348 |
| Median Income | $62,237 | $84,578 | $78,538 |
| Home Value To Income | 3.8x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Hudson Falls, NY Costs By Category
Detailed Hudson Falls Services Costs Vs. New York
| Item | Hudson Falls | 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 |
Detailed Hudson Falls Groceries Costs Vs. New York
| Item | Hudson Falls | 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 |
Detailed Hudson Falls Health Costs Vs. New York
| Item | Hudson Falls | New York |
|---|---|---|
| Optometrist | $132.47 | $125.68 |
| Doctor | $111.33 | $135.78 |
| Dentist | $111.69 | $113.29 |
Detailed Hudson Falls Transportation Costs Vs. New York
| Item | Hudson Falls | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $50.33 | $59.92 |
Detailed Hudson Falls Utilities Costs Vs. New York
| Item | Hudson Falls | New York |
|---|---|---|
| All Electricity | $196.7 | $193.99 |
| Phone | $195.71 | $192.25 |
Hudson Falls SnackAbility
/10
Cost Of Living In Cities Around Hudson Falls
The cost of living varies in the cities and towns around Hudson Falls. Here's a quick look at the cost of living in the most populous nearby places:
Albany, NY has a cost of living index of 101, 1.1x Hudson Falls.
Saratoga Springs, NY has a cost of living index of 126, 1.3x Hudson Falls.
Niskayuna, NY has a cost of living index of 115, 1.2x Hudson Falls.
| City | Population | Cost Of Living | Vs. Hudson Falls |
|---|---|---|---|
| Albany, NY | 100,081 | 101 | 1.1x |
| Saratoga Springs, NY | 28,542 | 126 | 1.3x |
| Niskayuna, NY | 20,774 | 115 | 1.2x |
| Cohoes, NY | 18,043 | 99 | 1.0x |
| Glens Falls, NY | 14,678 | 96 | 1.0x |
| West Glens Falls, NY | 9,967 | 109 | 1.1x |
| Rensselaer, NY | 9,247 | 100 | 1.1x |
| Glens Falls North, NY | 9,148 | 109 | 1.1x |
| Colonie, NY | 7,705 | 109 | 1.1x |
| Westmere, NY | 7,616 | 113 | 1.2x |
