Cost of Living in Pine Valley, NY

With a cost of living index of 80, Pine Valley, NY is a very affordable place to live. Living here is 20% cheaper than the national average and 32% below the New York state average of 111. Pine Valley is a small community of 674 residents.

The median household income in Pine Valley is $36,750, which is 51% lower than the national median of $75,149. Residents spend roughly 24% 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 Pine Valley. The area sees an average annual temperature of 48°F, with summers averaging 68°F and winters around 28°F. Annual rainfall totals 32.4 inches spread over roughly 153 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Elmira, NY (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.