Cost of Living in Weston Mills, NY
Population: 1,361 | New York
Weston Mills is 28% less expensive than the national average.
Cost of Living in Weston Mills, NY: What You Need to Know
With a cost of living index of 72, Weston Mills, NY is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 39% below the New York state average of 111. Weston Mills is a small community of 1,361 residents.
Housing costs are the biggest factor in Weston Mills's cost of living. The median monthly rent is $757 (43% below the US median of $1,319), and the median home value sits at $155,400 (49% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.
The median household income in Weston Mills is $77,596, which is 3% higher than the national median of $75,149. Residents spend roughly 12% 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.
Income
- Median Household Income
- $77,596
- vs US Median ($75,149)
- +3%
Housing
- Median Rent
- $757/mo
- Median Home Value
- $155,400
- Median Monthly Housing Cost
- $762/mo