Cost of living in Watervliet 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 Watervliet 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 Watervliet is 97, with 100 being the average.
The cost of living index in Watervliet is 1.0x lower than the national average.
Watervliet ranks as the #77 cheapest in New York out of 340.
Watervliet ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Watervliet is $154,000.
The median income in Watervliet is $46,205.
According to the most recent data on the cost of living, Watervliet has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to New York, Watervliet has a cost of living index that's 0.8x lower than New York's index of 126.
The standard of living in Watervliet ranks as #77 most affordable out of the 340 places we measured in New York. By definition, that implies Watervliet ranks as the #263 most expensive place in the Empire State.
For more reading on life in Watervliet, check out:
Six factors go into calculating the cost of living index in Watervliet. Here is how it fairs on each of the criteria:
The Services index in Watervliet is 110.
The Groceries index in Watervliet is 114.
The Health index in Watervliet is 105.
The Housing index in Watervliet is 79.
The Transportation index in Watervliet is 105.
The Utilities index in Watervliet is 101.
Living Expense | Watervliet | New York | National Average | |
---|---|---|---|---|
Overall | 97 | 126 | 100 | |
Services | 110 | 110 | 100 | |
Groceries | 114 | 104 | 100 | |
Health | 105 | 105 | 100 | |
Housing | 79 | 175 | 100 | |
Transportation | 105 | 107 | 100 | |
Utilities | 101 | 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 Watervliet is $154,000.
The Median Rent in Watervliet is $932.
The Median Income in Watervliet is $46,205.
The Home Value To Income in Watervliet is 3.3x.
The Rent To Monthly Income in Watervliet is 0.24x.
Statistic | Watervliet | New York | United States |
---|---|---|---|
Median Home Value | $154,000 | $340,600 | $244,900 |
Median Rent | $932 | $1,390 | $1,163 |
Median Income | $46,205 | $75,157 | $69,021 |
Home Value To Income | 3.3x | 4.5x | 3.5x |
Rent To Monthly Income | 0.24x | 0.22x | 0.2x |
Item | Watervliet | New York |
---|---|---|
Shampoo | $1.06 | $1.06 |
Movie | $14.09 | $10.68 |
Bowling | $17.0 | $14.67 |
Haircut | $21.64 | $18.62 |
Beauty Salon | $45.78 | $39.05 |
Item | Watervliet | New York |
---|---|---|
Ground Beef | $3.6 | $4.22 |
Fried Chicken | $1.56 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.46 | $3.29 |
Pizza | $10.52 | $10.62 |
Beer | $9.93 | $9.38 |
Toothpaste | $2.41 | $2.34 |
Item | Watervliet | New York |
---|---|---|
Optometrist | $142.69 | $108.57 |
Doctor | $102.25 | $116.17 |
Dentist | $110.33 | $99.13 |
Item | Watervliet | New York |
---|---|---|
Gasoline | $2.36 | $2.22 |
Tire Balancing | $48.79 | $50.07 |
Item | Watervliet | New York |
---|---|---|
All Electricity | $163.41 | $167.67 |
Phone | $188.21 | $175.64 |
The cost of living varies in the cities and towns around Watervliet. Here's a quick look at the cost of living in the most populous nearby places:
Albany, NY has a cost of living index of 104, 1.1x Watervliet.
Troy, NY has a cost of living index of 101, 1.0x Watervliet.
Rotterdam, NY has a cost of living index of 104, 1.1x Watervliet.
City | Population | Cost Of Living | Vs. Watervliet |
---|---|---|---|
Albany, NY | 99,402 | 104 | 1.1x |
Troy, NY | 50,717 | 101 | 1.0x |
Rotterdam, NY | 22,584 | 104 | 1.1x |
Niskayuna, NY | 20,369 | 110 | 1.1x |
Cohoes, NY | 17,931 | 101 | 1.0x |
East Glenville, NY | 11,687 | 109 | 1.1x |
Rensselaer, NY | 9,330 | 100 | 1.0x |
Colonie, NY | 7,792 | 107 | 1.1x |
Westmere, NY | 7,730 | 111 | 1.1x |
Scotia, NY | 7,305 | 98 | 1.0x |