Cost of living in Walden 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 Walden 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 Walden is 115, with 100 being the average.
The cost of living index in Walden is 1.1x higher than the national average.
Walden ranks as the #115 cheapest in New York out of 340.
Walden ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Walden is $257,300.
The median income in Walden is $64,115.
According to the most recent data on the cost of living, Walden has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to New York, Walden has a cost of living index that's 0.9x lower than New York's index of 126.
The standard of living in Walden ranks as #115 most affordable out of the 340 places we measured in New York. By definition, that implies Walden ranks as the #225 most expensive place in the Empire State.
For more reading on life in Walden, check out:
Six factors go into calculating the cost of living index in Walden. Here is how it fairs on each of the criteria:
The Services index in Walden is 122.
The Groceries index in Walden is 106.
The Health index in Walden is 119.
The Housing index in Walden is 111.
The Transportation index in Walden is 117.
The Utilities index in Walden is 131.
Living Expense | Walden | New York | National Average | |
---|---|---|---|---|
Overall | 115 | 126 | 100 | |
Services | 122 | 110 | 100 | |
Groceries | 106 | 104 | 100 | |
Health | 119 | 105 | 100 | |
Housing | 111 | 175 | 100 | |
Transportation | 117 | 107 | 100 | |
Utilities | 131 | 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 Walden is $257,300.
The Median Rent in Walden is $1,268.
The Median Income in Walden is $64,115.
The Home Value To Income in Walden is 4.0x.
The Rent To Monthly Income in Walden is 0.24x.
Statistic | Walden | New York | United States |
---|---|---|---|
Median Home Value | $257,300 | $340,600 | $244,900 |
Median Rent | $1,268 | $1,390 | $1,163 |
Median Income | $64,115 | $75,157 | $69,021 |
Home Value To Income | 4.0x | 4.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
The cost of living varies in the cities and towns around Walden. Here's a quick look at the cost of living in the most populous nearby places:
Kiryas Joel, NY has a cost of living index of 134, 1.2x Walden.
Myers Corner, NY has a cost of living index of 132, 1.1x Walden.
Orange Lake, NY has a cost of living index of 125, 1.1x Walden.
City | Population | Cost Of Living | Vs. Walden |
---|---|---|---|
Kiryas Joel, NY | 32,498 | 134 | 1.2x |
Myers Corner, NY | 10,427 | 132 | 1.1x |
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 |
Washingtonville, NY | 5,782 | 120 | 1.0x |
Goshen, NY | 5,705 | 120 | 1.0x |