Poughkeepsie, NY Cost Of Living
Cost Of Living In Poughkeepsie, NY Summary
Cost of living in Poughkeepsie 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 Poughkeepsie 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 Poughkeepsie is 115, with 100 being the average.
The cost of living index in Poughkeepsie is 1.1x higher than the national average.
Poughkeepsie ranks as the #116 cheapest in New York out of 341.
Poughkeepsie ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Poughkeepsie is $327,224.
The median income in Poughkeepsie is $60,050.
Table Of Contents
Poughkeepsie's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Poughkeepsie, NY?
According to the most recent data on the cost of living, Poughkeepsie has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to New York, Poughkeepsie has a cost of living index that's 1.0x lower than New York's index of 119.
The standard of living in Poughkeepsie ranks as #116 most affordable out of the 341 places we measured in New York. By definition, that implies Poughkeepsie ranks as the #225 most expensive place in the Empire State.
For more reading on life in Poughkeepsie, check out:
In New York
In America
Poughkeepsie Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Poughkeepsie. Here is how it fairs on each of the criteria:
The Services index in Poughkeepsie is 111.
The Groceries index in Poughkeepsie is 106.
The Health index in Poughkeepsie is 110.
The Housing index in Poughkeepsie is 111.
The Transportation index in Poughkeepsie is 103.
The Utilities index in Poughkeepsie is 132.
| Living Expense | Poughkeepsie | New York | National Average | |
|---|---|---|---|---|
| Overall | 115 | 119 | 100 | |
| Services | 111 | 110 | 100 | |
| Groceries | 106 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 111 | 145 | 100 | |
| Transportation | 103 | 105 | 100 | |
| Utilities | 132 | 99 | 100 | |
Poughkeepsie, 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 Poughkeepsie is $327,224.
The Median Rent in Poughkeepsie is $1,370.
The Median Income in Poughkeepsie is $60,050.
The Home Value To Income in Poughkeepsie is 5.4x.
The Rent To Monthly Income in Poughkeepsie is 0.27x.
| Statistic | Poughkeepsie | New York | United States |
|---|---|---|---|
| Median Home Value | $327,224 | $508,764 | $303,400 |
| Median Rent | $1,370 | $1,576 | $1,348 |
| Median Income | $60,050 | $84,578 | $78,538 |
| Home Value To Income | 5.4x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.27x | 0.22x | 0.21x |
Median Home Value
Median Rent
Median Income
Poughkeepsie, NY Costs By Category
Detailed Poughkeepsie Services Costs Vs. New York
| Item | Poughkeepsie | 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 Poughkeepsie Groceries Costs Vs. New York
| Item | Poughkeepsie | 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 Poughkeepsie Health Costs Vs. New York
| Item | Poughkeepsie | New York |
|---|---|---|
| Optometrist | $140.1 | $125.68 |
| Doctor | $143.23 | $135.78 |
| Dentist | $123.0 | $113.29 |
Detailed Poughkeepsie Transportation Costs Vs. New York
| Item | Poughkeepsie | New York |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
Detailed Poughkeepsie Utilities Costs Vs. New York
| Item | Poughkeepsie | New York |
|---|---|---|
| All Electricity | $281.67 | $193.99 |
| Phone | $185.16 | $192.25 |
Poughkeepsie SnackAbility
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Cost Of Living In Cities Around Poughkeepsie
The cost of living varies in the cities and towns around Poughkeepsie. Here's a quick look at the cost of living in the most populous nearby places:
Newburgh, NY has a cost of living index of 109, 0.9x Poughkeepsie.
Beacon, NY has a cost of living index of 127, 1.1x Poughkeepsie.
Myers Corner, NY has a cost of living index of 124, 1.1x Poughkeepsie.
| City | Population | Cost Of Living | Vs. Poughkeepsie |
|---|---|---|---|
| Newburgh, NY | 28,649 | 109 | 0.9x |
| Beacon, NY | 14,629 | 127 | 1.1x |
| Myers Corner, NY | 10,786 | 124 | 1.1x |
| Orange Lake, NY | 9,588 | 124 | 1.1x |
| New Windsor, NY | 8,427 | 120 | 1.0x |
| New Paltz, NY | 8,028 | 122 | 1.1x |
| Walden, NY | 6,871 | 119 | 1.0x |
| Milton, PA | 6,582 | 92 | 0.8x |
| Highland, NY | 6,321 | 122 | 1.1x |
| Wappingers Falls, NY | 5,694 | 119 | 1.0x |
