Cost of Living in Tannersville, NY

With a cost of living index of 100, Tannersville, NY is right around the national average in cost. Living here is 0% cheaper than the national average and 12% below the New York state average of 111. Tannersville is a small community of 708 residents.

Housing costs are the biggest factor in Tannersville's cost of living. The median monthly rent is $1,368 (4% above the US median of $1,319), and the median home value sits at $267,100 (12% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Tannersville is $64,732, which is 14% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.