Cost of Living in Sackets Harbor, NY

With a cost of living index of 91, Sackets Harbor, NY is slightly more affordable than average. Living here is 9% cheaper than the national average and 20% below the New York state average of 111. Sackets Harbor is a small community of 1,348 residents.

Housing costs are the biggest factor in Sackets Harbor's cost of living. The median monthly rent is $1,360 (3% above the US median of $1,319), and the median home value sits at $224,600 (26% 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 Sackets Harbor is $80,263, which is 7% higher than the national median of $75,149. Residents spend roughly 20% 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 Sackets Harbor. The area sees an average annual temperature of 45.3°F, with summers averaging 67°F and winters around 23°F. Annual rainfall totals 37.1 inches spread over roughly 158 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Watertown-Fort Drum, 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.