Cost of Living in Union Springs, NY

With a cost of living index of 76, Union Springs, NY is a very affordable place to live. Living here is 24% cheaper than the national average and 35% below the New York state average of 111. Union Springs is a small community of 1,274 residents.

Housing costs are the biggest factor in Union Springs's cost of living. The median monthly rent is $875 (34% below the US median of $1,319), and the median home value sits at $163,400 (46% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Union Springs is $95,282, which is 27% higher than the national median of $75,149. Residents spend roughly 11% 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.