Cost of Living in Stottville, NY

With a cost of living index of 91, Stottville, 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. Stottville is a small community of 1,247 residents.

Housing costs are the biggest factor in Stottville's cost of living. The median monthly rent is $1,397 (6% above the US median of $1,319), and the median home value sits at $152,700 (50% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Stottville is $52,031, which is 31% lower than the national median of $75,149. Residents spend roughly 32% 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.

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.