Cost of Living in Kiamesha Lake, NY

With a cost of living index of 94, Kiamesha Lake, NY is slightly more affordable than average. Living here is 6% cheaper than the national average and 17% below the New York state average of 111. Kiamesha Lake is a small community of 348 residents.

Housing costs are the biggest factor in Kiamesha Lake's cost of living. The median monthly rent is $1,602 (21% above the US median of $1,319), and the median home value sits at $111,400 (63% below the national median of $304,900). At current prices, the median home costs roughly 1.5x the median household income — well within traditional affordability guidelines.

The median household income in Kiamesha Lake is $75,357, which is 0% higher than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Kiamesha Lake. The area sees an average annual temperature of 49.4°F, with summers averaging 70°F and winters around 28°F. Annual rainfall totals 41 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.