Cost of Living in Caroga Lake, NY
Population: 496 | New York
Caroga Lake is 14% less expensive than the national average.
Cost of Living in Caroga Lake, NY: What You Need to Know
With a cost of living index of 86, Caroga Lake, NY is a very affordable place to live. Living here is 14% cheaper than the national average and 26% below the New York state average of 111. Caroga Lake is a small community of 496 residents.
The median household income in Caroga Lake is $48,295, which is 36% lower than the national median of $75,149. 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 Caroga Lake. The area sees an average annual temperature of 49.4°F, with summers averaging 71°F and winters around 27°F. Annual rainfall totals 40.7 inches spread over roughly 139 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.
Income
- Median Household Income
- $48,295
- vs US Median ($75,149)
- -36%
Housing
- Median Home Value
- $116,800
- Median Monthly Housing Cost
- $784/mo
Climate in Caroga Lake
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 33 | 36 | 45 | 59 | 71 | 79 | 84 | 82 | 74 | 62 | 49 | 38 |
| Avg °F | 24 | 27 | 36 | 48 | 60 | 68 | 73 | 71 | 64 | 51 | 41 | 30 |
| Low °F | 16 | 18 | 26 | 37 | 48 | 57 | 62 | 61 | 53 | 41 | 32 | 23 |
| Rain" | 2.6 | 2.3 | 3.1 | 3.1 | 3.4 | 4.1 | 4.6 | 3.8 | 3.7 | 3.9 | 3.0 | 3.3 |