Cost of Living in Three Mile Bay, NY
Population: 40 | New York
Three Mile Bay is 12% less expensive than the national average.
Cost of Living in Three Mile Bay, NY: What You Need to Know
With a cost of living index of 88, Three Mile Bay, NY is a very affordable place to live. Living here is 12% cheaper than the national average and 23% below the New York state average of 111. Three Mile Bay is a small community of 40 residents.
The median household income in Three Mile Bay is $34,875, which is 54% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $34,875
- vs US Median ($75,149)
- -54%
Housing
- Median Home Value
- $202,500
- Median Monthly Housing Cost
- $1,763/mo
Everyday Prices in Three Mile Bay
BLS Average Prices for the Watertown-Fort Drum, NY (Metropolitan Statistical Area) area