Cost of Living in Chestnut Ridge, NY

With a cost of living index of 134, Chestnut Ridge, NY is a notably expensive place to live. Living here is 34% more expensive than the national average and 23% above the New York state average of 111. Chestnut Ridge is a smaller community of 10,464 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Chestnut Ridge is $113,750, which is 51% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Chestnut Ridge. The area sees an average annual temperature of 55.4°F, with summers averaging 76°F and winters around 35°F. Annual rainfall totals 46.3 inches spread over roughly 127 days.

Everyday prices in the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.