Cost of Living in Narrowsburg, NY

With a cost of living index of 77, Narrowsburg, NY is a very affordable place to live. Living here is 23% cheaper than the national average and 34% below the New York state average of 111. Narrowsburg is a small community of 480 residents.

Housing costs are the biggest factor in Narrowsburg's cost of living. The median monthly rent is $749 (43% below the US median of $1,319), and the median home value sits at $223,800 (27% below the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Narrowsburg is $53,542, which is 29% lower than the national median of $75,149. Residents spend roughly 17% 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 Narrowsburg. The area sees an average annual temperature of 50.1°F, with summers averaging 70°F and winters around 30°F. Annual rainfall totals 40.9 inches spread over roughly 150 days.

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.