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Cost of Living in Gilbertsville, NY

Population: 337 | New York

82
Cost of Living Index
US Average = 100

Gilbertsville is 18% less expensive than the national average.

84
Housing
50
Home Values
103
Regional Price

Cost of Living in Gilbertsville, NY: What You Need to Know

With a cost of living index of 82, Gilbertsville, NY is a very affordable place to live. Living here is 18% cheaper than the national average and 29% below the New York state average of 111. Gilbertsville is a small community of 337 residents.

Housing costs are the biggest factor in Gilbertsville's cost of living. The median monthly rent is $1,105 (16% below the US median of $1,319), and the median home value sits at $151,800 (50% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Gilbertsville is $71,500, which is 5% lower than the national median of $75,149. Residents spend roughly 19% 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 Gilbertsville. The area sees an average annual temperature of 46.3°F, with summers averaging 67°F and winters around 25°F. Annual rainfall totals 42 inches spread over roughly 164 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.

Income

Median Household Income
$71,500
vs US Median ($75,149)
-5%

Housing

Median Rent
$1,105/mo
Median Home Value
$151,800
Median Monthly Housing Cost
$1,044/mo

Climate in Gilbertsville

NOAA 30-year normals (1991-2020)

46.3°F
Avg Temperature
42"
Rainfall / Year
164d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 30 32 41 54 66 74 78 77 70 57 45 34
Avg °F 23 25 32 45 56 64 69 67 60 49 38 28
Low °F 16 17 24 35 46 55 59 58 51 41 31 22
Rain" 2.6 2.4 3.1 3.6 3.8 4.7 3.8 4.1 4.0 3.8 3.1 3.1

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