Cost of Living in Cumberland Head, NY

With a cost of living index of 97, Cumberland Head, NY is slightly more affordable than average. Living here is 3% cheaper than the national average and 14% below the New York state average of 111. Cumberland Head is a small community of 1,622 residents.

Housing costs are the biggest factor in Cumberland Head's cost of living. The median monthly rent is $1,448 (10% above the US median of $1,319), and the median home value sits at $211,600 (31% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in Cumberland Head is $106,048, which is 41% higher than the national median of $75,149. Residents spend roughly 16% 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 Cumberland Head. 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.