Mechanicville, NY Cost Of Living
Cost Of Living In Mechanicville, NY Summary
Cost of living in Mechanicville 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 Mechanicville 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 Mechanicville is 98, with 100 being the average.
The cost of living index in Mechanicville is 1.0x lower than the national average.
Mechanicville ranks as the #76 cheapest in New York out of 341.
Mechanicville ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Mechanicville is $478,359.
The median income in Mechanicville is $47,331.
Table Of Contents
Mechanicville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Mechanicville, NY?
According to the most recent data on the cost of living, Mechanicville has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to New York, Mechanicville has a cost of living index that's 0.8x lower than New York's index of 119.
The standard of living in Mechanicville ranks as #76 most affordable out of the 341 places we measured in New York. By definition, that implies Mechanicville ranks as the #265 most expensive place in the Empire State.
For more reading on life in Mechanicville, check out:
In New York
In America
Mechanicville Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Mechanicville. Here is how it fairs on each of the criteria:
The Services index in Mechanicville is 107.
The Groceries index in Mechanicville is 102.
The Health index in Mechanicville is 94.
The Housing index in Mechanicville is 82.
The Transportation index in Mechanicville is 96.
The Utilities index in Mechanicville is 100.
| Living Expense | Mechanicville | New York | National Average | |
|---|---|---|---|---|
| Overall | 98 | 119 | 100 | |
| Services | 107 | 110 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 94 | 101 | 100 | |
| Housing | 82 | 145 | 100 | |
| Transportation | 96 | 105 | 100 | |
| Utilities | 100 | 99 | 100 | |
Mechanicville, 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 Mechanicville is $478,359.
The Median Rent in Mechanicville is $1,066.
The Median Income in Mechanicville is $47,331.
The Home Value To Income in Mechanicville is 10.1x.
The Rent To Monthly Income in Mechanicville is 0.27x.
| Statistic | Mechanicville | New York | United States |
|---|---|---|---|
| Median Home Value | $478,359 | $508,764 | $303,400 |
| Median Rent | $1,066 | $1,576 | $1,348 |
| Median Income | $47,331 | $84,578 | $78,538 |
| Home Value To Income | 10.1x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Mechanicville, NY Costs By Category
Detailed Mechanicville Services Costs Vs. New York
| Item | Mechanicville | 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 Mechanicville Groceries Costs Vs. New York
| Item | Mechanicville | 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 Mechanicville Health Costs Vs. New York
| Item | Mechanicville | New York |
|---|---|---|
| Optometrist | $132.47 | $125.68 |
| Doctor | $111.33 | $135.78 |
| Dentist | $111.69 | $113.29 |
Detailed Mechanicville Transportation Costs Vs. New York
| Item | Mechanicville | New York |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $50.33 | $59.92 |
Detailed Mechanicville Utilities Costs Vs. New York
| Item | Mechanicville | New York |
|---|---|---|
| All Electricity | $196.7 | $193.99 |
| Phone | $195.71 | $192.25 |
Mechanicville SnackAbility
/10
Cost Of Living In Cities Around Mechanicville
The cost of living varies in the cities and towns around Mechanicville. 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, 1.0x Mechanicville.
Saratoga Springs, NY has a cost of living index of 126, 1.3x Mechanicville.
Niskayuna, NY has a cost of living index of 115, 1.2x Mechanicville.
| City | Population | Cost Of Living | Vs. Mechanicville |
|---|---|---|---|
| Albany, NY | 100,081 | 101 | 1.0x |
| Saratoga Springs, NY | 28,542 | 126 | 1.3x |
| Niskayuna, NY | 20,774 | 115 | 1.2x |
| Cohoes, NY | 18,043 | 99 | 1.0x |
| East Glenville, NY | 11,399 | 107 | 1.1x |
| Rensselaer, NY | 9,247 | 100 | 1.0x |
| Colonie, NY | 7,705 | 109 | 1.1x |
| Westmere, NY | 7,616 | 113 | 1.2x |
| Scotia, NY | 7,260 | 98 | 1.0x |
| Country Knolls, NY | 5,587 | 122 | 1.2x |
