Malone, NY Cost Of Living
Cost Of Living In Malone, NY Summary
Cost of living in Malone 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 Malone 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 Malone is 95, with 100 being the average.
The cost of living index in Malone is 0.9x lower than the national average.
Malone ranks as the #64 cheapest in New York out of 341.
Malone ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Malone is $130,662.
The median income in Malone is $59,489.
Table Of Contents
Malone's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Malone, NY?
According to the most recent data on the cost of living, Malone has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to New York, Malone has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Malone ranks as #64 most affordable out of the 341 places we measured in New York. By definition, that implies Malone ranks as the #277 most expensive place in the Empire State.
For more reading on life in Malone, check out:
In New York
In America
Malone Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Malone. Here is how it fairs on each of the criteria:
The Services index in Malone is 109.
The Groceries index in Malone is 107.
The Health index in Malone is 105.
The Housing index in Malone is 57.
The Transportation index in Malone is 109.
The Utilities index in Malone is 122.
| Living Expense | Malone | New York | National Average | |
|---|---|---|---|---|
| Overall | 95 | 119 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 107 | 103 | 100 | |
| Health | 105 | 101 | 100 | |
| Housing | 57 | 145 | 100 | |
| Transportation | 109 | 105 | 100 | |
| Utilities | 122 | 99 | 100 | |
Malone, 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 Malone is $130,662.
The Median Rent in Malone is $793.
The Median Income in Malone is $59,489.
The Home Value To Income in Malone is 2.2x.
The Rent To Monthly Income in Malone is 0.16x.
Median Home Value
Median Rent
Median Income
Malone, NY Costs By Category
Detailed Malone Services Costs Vs. New York
Detailed Malone Groceries Costs Vs. New York
Detailed Malone Health Costs Vs. New York
Detailed Malone Transportation Costs Vs. New York
Detailed Malone Utilities Costs Vs. New York
Malone SnackAbility
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Cost Of Living In Cities Around Malone
The cost of living varies in the cities and towns around Malone. Here's a quick look at the cost of living in the most populous nearby places:
Plattsburgh, NY has a cost of living index of 101, 1.1x Malone.
Massena, NY has a cost of living index of 89, 0.9x Malone.
Canton, NY has a cost of living index of 104, 1.1x Malone.
| City | Population | Cost Of Living | Vs. Malone |
|---|---|---|---|
| Plattsburgh, NY | 19,878 | 101 | 1.1x |
| Massena, NY | 10,234 | 89 | 0.9x |
| Canton, NY | 7,222 | 104 | 1.1x |
| Saranac Lake, NY | 5,099 | 101 | 1.1x |
