Cost of Living in Interlaken, NY

With a cost of living index of 81, Interlaken, NY is a very affordable place to live. Living here is 19% cheaper than the national average and 30% below the New York state average of 111. Interlaken is a small community of 556 residents.

Housing costs are the biggest factor in Interlaken's cost of living. The median monthly rent is $1,094 (17% below the US median of $1,319), and the median home value sits at $140,600 (54% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Interlaken is $56,719, which is 25% lower than the national median of $75,149. Residents spend roughly 23% 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 Interlaken. The area sees an average annual temperature of 48.7°F, with summers averaging 69°F and winters around 28°F. Annual rainfall totals 30.2 inches spread over roughly 141 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.