Cost of Living in Clayton, NY

With a cost of living index of 80, Clayton, NY is a very affordable place to live. Living here is 20% cheaper than the national average and 32% below the New York state average of 111. Clayton is a small community of 1,669 residents.

Housing costs are the biggest factor in Clayton's cost of living. The median monthly rent is $1,057 (20% below the US median of $1,319), and the median home value sits at $192,900 (37% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Clayton is $57,125, which is 24% lower than the national median of $75,149. Residents spend roughly 22% 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 Clayton. The area sees an average annual temperature of 45.3°F, with summers averaging 67°F and winters around 23°F. Annual rainfall totals 37.1 inches spread over roughly 158 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Watertown-Fort Drum, NY (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower 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.