Cost of Living in Arcade, NY

With a cost of living index of 72, Arcade, NY is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 39% below the New York state average of 111. Arcade is a small community of 1,912 residents.

Housing costs are the biggest factor in Arcade's cost of living. The median monthly rent is $735 (44% below the US median of $1,319), and the median home value sits at $166,400 (45% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Arcade is $57,255, which is 24% lower than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Arcade. The area sees an average annual temperature of 48.8°F, with summers averaging 70°F and winters around 28°F. Annual rainfall totals 40.7 inches spread over roughly 166 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.