Cost of Living in Catskill, NY

With a cost of living index of 87, Catskill, NY is a very affordable place to live. Living here is 13% cheaper than the national average and 24% below the New York state average of 111. Catskill is a small community of 3,803 residents.

Housing costs are the biggest factor in Catskill's cost of living. The median monthly rent is $1,072 (19% below the US median of $1,319), and the median home value sits at $228,700 (25% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Catskill is $73,906, which is 2% lower than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Catskill. The area sees an average annual temperature of 48.6°F, with summers averaging 68°F and winters around 28°F. Annual rainfall totals 45.8 inches spread over roughly 142 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.