Malone, NY Cost Of Living
Cost Of Living In Malone, NY Summary
Cost of living in Malone 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 Malone 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 Malone is 92, with 100 being the average.
The cost of living index in Malone is 0.9x lower than the national average.
Malone ranks as the #52 cheapest in New York out of 340.
Malone ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Malone is $94,300.
The median income in Malone is $44,737.
Table Of Contents
Malone's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Malone, NY?
According to the most recent data on the cost of living, Malone has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to New York, Malone has a cost of living index that's 0.7x lower than New York's index of 126.
The standard of living in Malone ranks as #52 most affordable out of the 340 places we measured in New York. By definition, that implies Malone ranks as the #288 most expensive place in the Empire State.
For more reading on life in Malone, check out:
- Living In Malone
- Malone Crime Report
- Search Homes For Sale In Malone, NY
In New York
In America
Malone Cost Of Living Vs. New York
Six factors go into calculating the cost of living index in Malone. Here is how it fairs on each of the criteria:
The Services index in Malone is 102.
The Groceries index in Malone is 117.
The Health index in Malone is 97.
The Housing index in Malone is 53.
The Transportation index in Malone is 113.
The Utilities index in Malone is 120.
| Living Expense | Malone | New York | National Average | |
|---|---|---|---|---|
| Overall | 92 | 126 | 100 | |
| Services | 102 | 110 | 100 | |
| Groceries | 117 | 104 | 100 | |
| Health | 97 | 105 | 100 | |
| Housing | 53 | 175 | 100 | |
| Transportation | 113 | 107 | 100 | |
| Utilities | 120 | 102 | 100 | |
Malone, 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 Malone is $94,300.
The Median Rent in Malone is $748.
The Median Income in Malone is $44,737.
The Home Value To Income in Malone is 2.1x.
The Rent To Monthly Income in Malone is 0.2x.
| Statistic | Malone | New York | United States |
|---|---|---|---|
| Median Home Value | $94,300 | $340,600 | $244,900 |
| Median Rent | $748 | $1,390 | $1,163 |
| Median Income | $44,737 | $75,157 | $69,021 |
| Home Value To Income | 2.1x | 4.5x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.22x | 0.2x |
Median Home Value
Median Rent
Median Income
Malone, NY Costs By Category
Detailed Malone Services Costs Vs. New York
Detailed Malone Groceries Costs Vs. New York
Detailed Malone Health Costs Vs. New York
Detailed Malone Transportation Costs Vs. New York
Detailed Malone Utilities Costs Vs. New York
Malone SnackAbility
/10
Cost Of Living In Cities Around Malone
The cost of living varies in the cities and towns around Malone. Here's a quick look at the cost of living in the most populous nearby places:
Plattsburgh, NY has a cost of living index of 99, 1.1x Malone.
Massena, NY has a cost of living index of 89, 1.0x Malone.
Canton, NY has a cost of living index of 100, 1.1x Malone.
| City | Population | Cost Of Living | Vs. Malone |
|---|---|---|---|
| Plattsburgh, NY | 19,969 | 99 | 1.1x |
| Massena, NY | 10,377 | 89 | 1.0x |
| Canton, NY | 6,994 | 100 | 1.1x |
| Saranac Lake, NY | 5,003 | 100 | 1.1x |
