Cost of living in Myers Corner 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 Myers Corner 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 Myers Corner is 132, with 100 being the average.
The cost of living index in Myers Corner is 1.3x higher than the national average.
Myers Corner ranks as the #155 cheapest in New York out of 340.
Myers Corner ranks as the #5,326 cheapest out of 6,412 in the US.
The median home value in Myers Corner is $319,200.
The median income in Myers Corner is $104,351.
According to the most recent data on the cost of living, Myers Corner has an overall cost of living index of 132, which is 1.3x higher than the national index of 100.
Compared to New York, Myers Corner has a cost of living index that's 1.0x higher than New York's index of 126.
The standard of living in Myers Corner ranks as #155 most affordable out of the 340 places we measured in New York. By definition, that implies Myers Corner ranks as the #185 most expensive place in the Empire State.
For more reading on life in Myers Corner, check out:
Six factors go into calculating the cost of living index in Myers Corner. Here is how it fairs on each of the criteria:
The Services index in Myers Corner is 121.
The Groceries index in Myers Corner is 107.
The Health index in Myers Corner is 115.
The Housing index in Myers Corner is 171.
The Transportation index in Myers Corner is 115.
The Utilities index in Myers Corner is 131.
|Living Expense||Myers Corner||New York||National Average|
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 Myers Corner is $319,200.
The Median Rent in Myers Corner is $1,172.
The Median Income in Myers Corner is $104,351.
The Home Value To Income in Myers Corner is 3.1x.
The Rent To Monthly Income in Myers Corner is 0.13x.
|Statistic||Myers Corner||New York||United States|
|Median Home Value||$319,200||$340,600||$244,900|
|Home Value To Income||3.1x||4.5x||3.5x|
|Rent To Monthly Income||0.13x||0.22x||0.2x|
The cost of living varies in the cities and towns around Myers Corner. Here's a quick look at the cost of living in the most populous nearby places:
Jefferson Valley-Yorktown, NY has a cost of living index of 146, 1.1x Myers Corner.
Orange Lake, NY has a cost of living index of 125, 0.9x Myers Corner.
New Windsor, NY has a cost of living index of 121, 0.9x Myers Corner.
|City||Population||Cost Of Living||Vs. Myers Corner|
|Jefferson Valley-Yorktown, NY||14,168||146||1.1x|
|Orange Lake, NY||10,159||125||0.9x|
|New Windsor, NY||8,693||121||0.9x|
|Lake Carmel, NY||7,854||129||1.0x|
|Wappingers Falls, NY||6,074||121||0.9x|