Cost of Living in Prattsburgh, NY

With a cost of living index of 93, Prattsburgh, NY is slightly more affordable than average. Living here is 7% cheaper than the national average and 18% below the New York state average of 111. Prattsburgh is a small community of 612 residents.

Housing costs are the biggest factor in Prattsburgh's cost of living. The median monthly rent is $1,640 (24% above the US median of $1,319), and the median home value sits at $90,800 (70% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Prattsburgh is $53,125, which is 29% lower than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Prattsburgh. 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.