Cost of Living in Cooperstown, NY

With a cost of living index of 102, Cooperstown, NY is right around the national average in cost. Living here is 2% more expensive than the national average and 9% below the New York state average of 111. Cooperstown is a small community of 2,113 residents.

Housing costs are the biggest factor in Cooperstown's cost of living. The median monthly rent is $1,149 (13% below the US median of $1,319), and the median home value sits at $376,200 (23% above the national median of $304,900). At current prices, the median home costs roughly 5.4x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Cooperstown is $70,179, which is 7% lower than the national median of $75,149. Residents spend roughly 20% 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 Cooperstown. The area sees an average annual temperature of 46.7°F, with summers averaging 68°F and winters around 25°F. Annual rainfall totals 44 inches spread over roughly 174 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.