Cost of Living in Keuka Park, NY

With a cost of living index of 100, Keuka Park, NY is right around the national average in cost. Living here is 0% more expensive than the national average and 11% below the New York state average of 111. Keuka Park is a small community of 1,103 residents.

Housing costs are the biggest factor in Keuka Park's cost of living. The median monthly rent is $985 (25% below the US median of $1,319), and the median home value sits at $418,800 (37% above the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Keuka Park is $83,942, which is 12% higher than the national median of $75,149. Residents spend roughly 14% 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 Keuka Park. 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.