C
1%
Overall NAT. AVG.
8%
Goods & Services NAT. AVG.
19%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Plattsburgh New York National
Cost of living101117100
Goods & Services108108100
Groceries105102100
Health care106103100
Housing81145100
Transportation107105100
Utilities121100100

An Overview of Cost of Living in Plattsburgh, NY

Understanding the cost of living in Plattsburgh can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Plattsburgh cost of living index is 101, which is 1% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in Plattsburgh is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Is Plattsburgh Affordable?

Is Plattsburgh affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Plattsburgh, the median home price is 21.6% lower than the national average and monthly rent prices are 11.5% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Plattsburgh boasting a median household income of $51,588, 6.7% lower than the national average.

What Factors can Influence the Cost of Living in Plattsburgh?

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Plattsburgh, the groceries index is 4.8% higher than the national average.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Plattsburgh, the standard sales tax rate starts at 4%, and the income tax rates commence at 4%.

Where is the Data From?

The Plattsburgh cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Plattsburgh is 14% lower than the New York average
  • The cost of living in Plattsburgh is 1% higher than the national average
  • Plattsburgh housing is 19% lower than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Plattsburgh

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Compare Plattsburgh, NY Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,615$6,801$1,904$2,449
      Renters$34,900$2,908$814$1,047
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Plattsburgh, NY, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Plattsburgh homeowners, is $81,615. This would allow for a maximum of $1,904 per month to be spent on housing costs. For renters, the median monthly income is $34,900 which would result in a maximum of $814 to be spent on rental costs.

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Goods & Services

      Item Plattsburgh National avg. Difference
      Haircut $26.98$24.2611.2%
      Beauty Salon $46.44$45.561.9%
      Toothpaste $3.73$3.700.8%
      Shampoo $1.23$1.283.9%
      Movie $11.94$12.131.6%
      Bowling $15.67$18.0013.0%

      Groceries

      Item Plattsburgh National avg. Difference
      Ground Beef $5.76$5.841.4%
      Fried Chicken $1.72$1.579.6%
      Milk $4.82$4.673.1%
      Potatoes $4.97$4.930.7%
      Pizza $12.05$12.090.3%
      Beer $10.01$10.413.9%

      Health Care

      Item Plattsburgh National avg. Difference
      Optometrist $141.67$125.6812.7%
      Doctor $152.78$135.7812.5%
      Dentist $130.83$113.2915.5%
      Ibuprofen $10.78$10.651.2%
      Lipitor $371.02$468.6020.8%

      Housing

      Item Plattsburgh National avg. Difference
      Home Price $144,800.00$184,700.0021.6%
      Avg. Mortgage Payment $3,072.44$2,346.6930.9%
      Apartment Rent $840.00$949.0011.5%

      Transportation

      Item Plattsburgh National avg. Difference
      Gasoline $3.59$3.463.8%
      Tire Balancing $68.60$59.9214.5%

      Utilities

      Item Plattsburgh National avg. Difference
      All Electricity $262.67$193.9935.4%
      Phone $186.03$192.253.2%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Altona, NY819919.5%
      Plattsburgh West, NY1,230928.4%
      Dannemora, NY4,060964.4%
      Keeseville, NY2,557964.2%
      Chazy, NY717981.6%
      Plattsburgh, NY19,3431010.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Pinole, CA19,34316767.3%
      Louisville, CO19,34215757.2%
      Foley, AL19,337963.5%
      Brigham City, UT19,336990.9%
      Englewood, FL19,3321043.8%
      Plattsburgh, NY19,3431010.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.