Cost of Living in Croghan, NY

With a cost of living index of 71, Croghan, NY is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and 40% below the New York state average of 111. Croghan is a small community of 642 residents.

Housing costs are the biggest factor in Croghan's cost of living. The median monthly rent is $755 (43% below the US median of $1,319), and the median home value sits at $145,500 (52% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Croghan is $49,583, which is 34% lower than the national median of $75,149. Residents spend roughly 18% 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 Croghan. 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.

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.