Cost of living in Stony Point 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 Stony Point 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 Stony Point is 135, with 100 being the average.
The cost of living index in Stony Point is 1.4x higher than the national average.
Stony Point ranks as the #165 cheapest in New York out of 341.
Stony Point ranks as the #5,216 cheapest out of 6,489 in the US.
The median home value in Stony Point is $643,386.
The median income in Stony Point is $122,828.
According to the most recent data on the cost of living, Stony Point has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to New York, Stony Point has a cost of living index that's 1.1x higher than New York's index of 119.
The standard of living in Stony Point ranks as #165 most affordable out of the 341 places we measured in New York. By definition, that implies Stony Point ranks as the #176 most expensive place in the Empire State.
For more reading on life in Stony Point, check out:
Six factors go into calculating the cost of living index in Stony Point. Here is how it fairs on each of the criteria:
The Services index in Stony Point is 112.
The Groceries index in Stony Point is 107.
The Health index in Stony Point is 110.
The Housing index in Stony Point is 192.
The Transportation index in Stony Point is 102.
The Utilities index in Stony Point is 130.
| Living Expense | Stony Point | New York | National Average | |
|---|---|---|---|---|
| Overall | 135 | 119 | 100 | |
| Services | 112 | 110 | 100 | |
| Groceries | 107 | 103 | 100 | |
| Health | 110 | 101 | 100 | |
| Housing | 192 | 145 | 100 | |
| Transportation | 102 | 105 | 100 | |
| Utilities | 130 | 99 | 100 | |
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 Stony Point is $643,386.
The Median Rent in Stony Point is $1,696.
The Median Income in Stony Point is $122,828.
The Home Value To Income in Stony Point is 5.2x.
The Rent To Monthly Income in Stony Point is 0.17x.
| Statistic | Stony Point | New York | United States |
|---|---|---|---|
| Median Home Value | $643,386 | $508,764 | $303,400 |
| Median Rent | $1,696 | $1,576 | $1,348 |
| Median Income | $122,828 | $84,578 | $78,538 |
| Home Value To Income | 5.2x | 6.0x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.22x | 0.21x |
| Item | Stony Point | 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 |
| Item | Stony Point | 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 |
| Item | Stony Point | New York |
|---|---|---|
| Optometrist | $140.1 | $125.68 |
| Doctor | $143.23 | $135.78 |
| Dentist | $123.0 | $113.29 |
| Item | Stony Point | New York |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $57.68 | $59.92 |
| Item | Stony Point | New York |
|---|---|---|
| All Electricity | $281.67 | $193.99 |
| Phone | $185.16 | $192.25 |
The cost of living varies in the cities and towns around Stony Point. Here's a quick look at the cost of living in the most populous nearby places:
Scarsdale, NY has a cost of living index of 279, 2.1x Stony Point.
Jefferson Valley-Yorktown, NY has a cost of living index of 146, 1.1x Stony Point.
Haverstraw, NY has a cost of living index of 124, 0.9x Stony Point.
| City | Population | Cost Of Living | Vs. Stony Point |
|---|---|---|---|
| Scarsdale, NY | 18,005 | 279 | 2.1x |
| Jefferson Valley-Yorktown, NY | 14,195 | 146 | 1.1x |
| Haverstraw, NY | 12,273 | 124 | 0.9x |
| Dobbs Ferry, NY | 11,397 | 173 | 1.3x |
| West Haverstraw, NY | 10,663 | 121 | 0.9x |
| Croton-on-Hudson, NY | 8,205 | 161 | 1.2x |
| Congers, NY | 7,923 | 148 | 1.1x |
| Mount Ivy, NY | 7,913 | 123 | 0.9x |
| Pleasantville, NY | 7,395 | 176 | 1.3x |
| Briarcliff Manor, NY | 7,333 | 178 | 1.3x |