Cost of Living in Freedom Plains, NY

With a cost of living index of 97, Freedom Plains, 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. Freedom Plains is a small community of 648 residents.

Housing costs are the biggest factor in Freedom Plains's cost of living. The median monthly rent is $1,198 (9% below the US median of $1,319), and the median home value sits at $272,200 (11% below the national median of $304,900). At current prices, the median home costs roughly 6.1x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Freedom Plains is $44,405, which is 41% lower than the national median of $75,149. Residents spend roughly 32% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Freedom Plains. The area sees an average annual temperature of 50.5°F, with summers averaging 71°F and winters around 29°F. Annual rainfall totals 41.9 inches spread over roughly 132 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Kiryas Joel-Poughkeepsie-Newburgh, NY (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.