Peekskill, NY Cost Of Living

The latest cost of living statistics for Peekskill. Includes statistics on rent, mortgages, healthcare, and other costs for Peekskill compared to the state and national averages.

Cost of living in Peekskill, New York

Cost of living in Peekskill 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 Peekskill 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:

124 Cost of living index 1.2x higher vs US
#127 Cheapest in New York (of 336)
#4,584 Cheapest in the U.S. (of 6,489)
$500,839 Median home value
$2,036 Median rent
$85,954 Median income
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What is the cost of living in Peekskill, NY?

According to the most recent data on the cost of living, Peekskill has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.

Compared to New York, Peekskill has a cost of living index that's 1.0x higher than New York's index of 121.

The standard of living in Peekskill ranks as #127 most affordable out of the 336 places we measured in New York. By definition, that implies Peekskill ranks as the #209 most expensive place in the Empire State.

For more reading on life in Peekskill, check out:

Peekskill Cost Of Living Vs. New York

Six factors go into calculating the cost of living index in Peekskill. Here is how it fares on each of the criteria:

  • The Services index in Peekskill is 104.

  • The Groceries index in Peekskill is 113.

  • The Health index in Peekskill is 157.

  • The Housing index in Peekskill is 113.

  • The Transportation index in Peekskill is 112.

  • The Utilities index in Peekskill is 108.

Living Expense Peekskill New York National Average
Overall 124 121 100
Services 104 105 100
Groceries 113 108 100
Health 157 143 100
Housing 113 112 100
Transportation 112 114 100
Utilities 108 111 100

Peekskill Cost Of Living Compared To New York Averages

Services
Peekskill 104
New York avg 105
Groceries
Peekskill 113
New York avg 108
Health
Peekskill 157
New York avg 143
Housing
Peekskill 113
New York avg 112
Transportation
Peekskill 112
New York avg 114
Utilities
Peekskill 108
New York avg 111

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New York, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Peekskill, NY Housing Cost Breakdown

$500,839Median Home Value
$2,036Median Rent
$85,954Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Peekskill is $500,839.

  • The Median Rent in Peekskill is $2,036.

  • The Median Income in Peekskill is $85,954.

  • The Home Value To Income in Peekskill is 5.8x.

  • The Rent To Monthly Income in Peekskill is 0.28x.

Statistic Peekskill New York United States
Median Home Value $500,839 $507,794 $332,700
Median Rent $2,036 $1,621 $1,413
Median Income $85,954 $85,974 $80,734
Home Value To Income 5.8x 5.9x 4.1x
Rent To Monthly Income 0.28x 0.23x 0.21x

Peekskill, NY Costs By Category

Detailed Peekskill Services costs vs. New York
Item Peekskill New York
Shampoo $1.5 $1.28
Movie $13.76 $12.13
Bowling $19.63 $18
Haircut $32.33 $24.26
Beauty Salon $48.56 $45.56
Detailed Peekskill Groceries costs vs. New York
Item Peekskill New York
Ground Beef $6.34 $5.84
Fried Chicken $1.61 $1.57
Milk $4.73 $4.67
Potatoes $5.03 $4.93
Pizza $10.07 $12.09
Beer $10.62 $10.41
Toothpaste $3.66 $3.7
Detailed Peekskill Health costs vs. New York
Item Peekskill New York
Optometrist $140.1 $125.68
Doctor $143.23 $135.78
Dentist $123.0 $113.29
Detailed Peekskill Transportation costs vs. New York
Item Peekskill New York
Gasoline $3.33 $3.46
Tire Balancing $57.68 $59.92
Detailed Peekskill Utilities costs vs. New York
Item Peekskill New York
All Electricity $281.67 $193.99
Phone $185.16 $192.25

Peekskill SnackAbility

8Overall SnackAbility
Jobs 7/10
Housing 9/10
Affordability 4/10
Diversity 10/10
Safety 8/10
Amenities 9.5/10
Education 6/10
Commute 3/10

Cost Of Living In Cities Around Peekskill

The cost of living varies in the cities and towns around Peekskill. 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 143, 1.2x Peekskill.

  • Stony Point, NY has a cost of living index of 132, 1.1x Peekskill.

  • Dobbs Ferry, NY has a cost of living index of 173, 1.4x Peekskill.

City Population Cost Of Living Vs. Peekskill
Jefferson Valley-Yorktown, NY 14,154 143 1.2x
Stony Point, NY 12,728 132 1.1x
Dobbs Ferry, NY 11,443 173 1.4x
Hillcrest, NY 9,071 141 1.1x
Congers, NY 8,275 142 1.1x
Croton-on-Hudson, NY 8,202 162 1.3x
Briarcliff Manor, NY 7,519 178 1.4x
Pleasantville, NY 7,371 178 1.4x
Tappan, NY 6,687 162 1.3x
Irvington, NY 6,531 173 1.4x