Cost of Living in Chateaugay, NY

With a cost of living index of 72, Chateaugay, 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. Chateaugay is a small community of 798 residents.

Housing costs are the biggest factor in Chateaugay's cost of living. The median monthly rent is $865 (34% below the US median of $1,319), and the median home value sits at $122,100 (60% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Chateaugay is $78,750, which is 5% higher than the national median of $75,149. Residents spend roughly 13% 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 Chateaugay. The area sees an average annual temperature of 45.3°F, with summers averaging 67°F and winters around 22°F. Annual rainfall totals 30.9 inches spread over roughly 145 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.