Cost of Living in Ruby, NY

With a cost of living index of 92, Ruby, NY is slightly more affordable than average. Living here is 8% cheaper than the national average and 19% below the New York state average of 111. Ruby is a small community of 1,147 residents.

Housing costs are the biggest factor in Ruby's cost of living. The median monthly rent is $1,125 (15% below the US median of $1,319), and the median home value sits at $280,600 (8% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Ruby is $101,588, which is 35% higher than the national median of $75,149. Residents spend roughly 13% 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 Ruby. The area sees an average annual temperature of 48.6°F, with summers averaging 68°F and winters around 28°F. Annual rainfall totals 45.8 inches spread over roughly 142 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Kingston, 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.