Cost of Living in Willsboro, NY

With a cost of living index of 67, Willsboro, NY is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 44% below the New York state average of 111. Willsboro is a small community of 648 residents.

Housing costs are the biggest factor in Willsboro's cost of living. The median monthly rent is $686 (48% below the US median of $1,319), and the median home value sits at $124,700 (59% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Willsboro is $51,250, which is 32% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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.