Peekskill, NY Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Peekskill, NY Summary

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:

  • The cost of living index in Peekskill is 129, with 100 being the average.

  • The cost of living index in Peekskill is 1.3x higher than the national average.

  • Peekskill ranks as the #145 cheapest in New York out of 340.

  • Peekskill ranks as the #5,222 cheapest out of 6,412 in the US.

  • The median home value in Peekskill is $308,300.

  • The median income in Peekskill is $75,642.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
129
Peekskill's Overall Cost Of Living
1.3x
Higher Than The National Average

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 129, which is 1.3x 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 126.

The standard of living in Peekskill ranks as #145 most affordable out of the 340 places we measured in New York. By definition, that implies Peekskill ranks as the #195 most expensive place in the Empire State.

For more reading on life in Peekskill, check out:

145 out of 340
In New York
5,222 out of 6,412
In America

Peekskill Cost Of Living Vs. New York

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

  • The Services index in Peekskill is 120.

  • The Groceries index in Peekskill is 105.

  • The Health index in Peekskill is 117.

  • The Housing index in Peekskill is 153.

  • The Transportation index in Peekskill is 118.

  • The Utilities index in Peekskill is 131.

Living Expense Peekskill New York National Average
Overall 129 126 100
Services 120 110 100
Groceries 105 104 100
Health 117 105 100
Housing 153 175 100
Transportation 118 107 100
Utilities 131 102 100
For more reading on cost of living around New York, check out:
Peekskill Cost of Living Vs. NY

Peekskill, 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 2017-2021. The key points are:

  • The Median Home Value in Peekskill is $308,300.

  • The Median Rent in Peekskill is $1,700.

  • The Median Income in Peekskill is $75,642.

  • The Home Value To Income in Peekskill is 4.1x.

  • The Rent To Monthly Income in Peekskill is 0.27x.

Statistic Peekskill New York United States
Median Home Value $308,300 $340,600 $244,900
Median Rent $1,700 $1,390 $1,163
Median Income $75,642 $75,157 $69,021
Home Value To Income 4.1x 4.5x 3.5x
Rent To Monthly Income 0.27x 0.22x 0.2x
Search Homes For Sale In Peekskill, NY
$308,300
Median Home Value
$1,700
Median Rent
$75,642
Median Income

Peekskill, NY Costs By Category

Detailed Peekskill Services Costs Vs. New York

Item Peekskill New York
Shampoo $0.96 $1.06
Movie $13.09 $10.68
Bowling $18.83 $14.67
Haircut $32.76 $18.62
Beauty Salon $65.09 $39.05

Detailed Peekskill Groceries Costs Vs. New York

Item Peekskill New York
Ground Beef $4.44 $4.22
Fried Chicken $1.42 $1.39
Milk $2.65 $2.05
Potatoes $3.98 $3.29
Pizza $9.41 $10.62
Beer $10.04 $9.38
Toothpaste $2.13 $2.34

Detailed Peekskill Health Costs Vs. New York

Item Peekskill New York
Optometrist $127.5 $108.57
Doctor $118.17 $116.17
Dentist $132.27 $99.13

Detailed Peekskill Transportation Costs Vs. New York

Item Peekskill New York
Gasoline $2.33 $2.22
Tire Balancing $69.75 $50.07

Detailed Peekskill Utilities Costs Vs. New York

Item Peekskill New York
All Electricity $261.22 $167.67
Phone $178.6 $175.64

Peekskill SnackAbility

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

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 146, 1.1x Peekskill.

  • Stony Point, NY has a cost of living index of 137, 1.1x Peekskill.

  • Dobbs Ferry, NY has a cost of living index of 169, 1.3x Peekskill.

City Population Cost Of Living Vs. Peekskill
Jefferson Valley-Yorktown, NY 14,168 146 1.1x
Stony Point, NY 12,389 137 1.1x
Dobbs Ferry, NY 11,511 169 1.3x
Hillcrest, NY 8,667 143 1.1x
Croton-on-Hudson, NY 8,289 159 1.2x
Congers, NY 7,926 151 1.2x
Briarcliff Manor, NY 7,587 175 1.4x
Pleasantville, NY 7,469 164 1.3x
Tappan, NY 7,153 159 1.2x
Irvington, NY 6,594 171 1.3x

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