Cost of living in Scotchtown 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 Scotchtown 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 Scotchtown is 115, with 100 being the average.
The cost of living index in Scotchtown is 1.1x higher than the national average.
Scotchtown ranks as the #115 cheapest in New York out of 340.
Scotchtown ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Scotchtown is $248,500.
The median income in Scotchtown is $83,848.
According to the most recent data on the cost of living, Scotchtown has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to New York, Scotchtown has a cost of living index that's 0.9x lower than New York's index of 126.
The standard of living in Scotchtown ranks as #115 most affordable out of the 340 places we measured in New York. By definition, that implies Scotchtown ranks as the #225 most expensive place in the Empire State.
For more reading on life in Scotchtown, check out:
Six factors go into calculating the cost of living index in Scotchtown. Here is how it fairs on each of the criteria:
The Services index in Scotchtown is 102.
The Groceries index in Scotchtown is 117.
The Health index in Scotchtown is 99.
The Housing index in Scotchtown is 138.
The Transportation index in Scotchtown is 111.
The Utilities index in Scotchtown is 95.
Living Expense | Scotchtown | New York | National Average | |
---|---|---|---|---|
Overall | 115 | 126 | 100 | |
Services | 102 | 110 | 100 | |
Groceries | 117 | 104 | 100 | |
Health | 99 | 105 | 100 | |
Housing | 138 | 175 | 100 | |
Transportation | 111 | 107 | 100 | |
Utilities | 95 | 102 | 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 2017-2021. The key points are:
The Median Home Value in Scotchtown is $248,500.
The Median Rent in Scotchtown is $1,450.
The Median Income in Scotchtown is $83,848.
The Home Value To Income in Scotchtown is 3.0x.
The Rent To Monthly Income in Scotchtown is 0.21x.
Statistic | Scotchtown | New York | United States |
---|---|---|---|
Median Home Value | $248,500 | $340,600 | $244,900 |
Median Rent | $1,450 | $1,390 | $1,163 |
Median Income | $83,848 | $75,157 | $69,021 |
Home Value To Income | 3.0x | 4.5x | 3.5x |
Rent To Monthly Income | 0.21x | 0.22x | 0.2x |
Item | Scotchtown | New York |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $12.38 | $10.68 |
Bowling | $20.56 | $14.67 |
Haircut | $20.96 | $18.62 |
Beauty Salon | $45.37 | $39.05 |
Item | Scotchtown | New York |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.94 | $1.39 |
Milk | $2.37 | $2.05 |
Potatoes | $3.52 | $3.29 |
Pizza | $11.27 | $10.62 |
Beer | $8.27 | $9.38 |
Toothpaste | $2.06 | $2.34 |
Item | Scotchtown | New York |
---|---|---|
Optometrist | $92.33 | $108.57 |
Doctor | $99.57 | $116.17 |
Dentist | $116.16 | $99.13 |
Item | Scotchtown | New York |
---|---|---|
Gasoline | $2.45 | $2.22 |
Tire Balancing | $53.07 | $50.07 |
Item | Scotchtown | New York |
---|---|---|
All Electricity | $147.86 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Scotchtown. Here's a quick look at the cost of living in the most populous nearby places:
Middletown, NY has a cost of living index of 107, 0.9x Scotchtown.
Orange Lake, NY has a cost of living index of 125, 1.1x Scotchtown.
Monroe, NY has a cost of living index of 133, 1.2x Scotchtown.
City | Population | Cost Of Living | Vs. Scotchtown |
---|---|---|---|
Middletown, NY | 30,086 | 107 | 0.9x |
Orange Lake, NY | 10,159 | 125 | 1.1x |
Monroe, NY | 9,392 | 133 | 1.2x |
Woodbury, NY | 9,111 | 131 | 1.1x |
New Windsor, NY | 8,693 | 121 | 1.1x |
Mechanicstown, NY | 7,777 | 108 | 0.9x |
Walden, NY | 6,841 | 115 | 1.0x |
Warwick, NY | 6,686 | 118 | 1.0x |
Washingtonville, NY | 5,782 | 120 | 1.0x |
Goshen, NY | 5,705 | 120 | 1.0x |