Gouverneur cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGouverneurNew YorkNational
Cost of living index94122100
IndexGouverneurNew YorkNational
Goods & Services index106112100
Groceries index109103100
Health care index107104100
Housing index51149100
Transportation index128122100
Utilities index123102100
A general summary of the cost of living index in Gouverneur, NY is shown above. Compared to the state average of New York the cost of living index in Gouverneur, NY is 94, which is 23% lower than the average in New York and compared to the national average it is 6% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Gouverneur, NY goods and services come in at 6% lower than the average in New York and are 6% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Gouverneur is 23% lower than the New York average.
  • The cost of living in Gouverneur is 6% lower than the national average.
  • The cost of housing in Gouverneur is 49% lower than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

Find Real Estate Listings In Gouverneur

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Gouverneur

Compare Gouverneur, NY Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Gouverneur, NY to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Gouverneur, NY, you have to earn a higher income in order to still have the same standard of living. To operate the Gouverneur, NY salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,147$4,762$1,333$1,715
Renters$21,281$1,773$497$638
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Gouverneur, NY as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Gouverneur, NY homeowners, is $57,147. This would allow for a maximum of $1,333 per month to be spent on housing costs. For renters, the median monthly income is $21,281 which would result in a maximum of $497 to be spent on rental costs.

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%
The New York sales tax and New York income tax rates should definitely be considered when determining the overall cost of living in Gouverneur, NY. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New York sales tax is 4% and the maximum surtax is 8.875%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New York income tax rates range from 4% to 8.82%.

Goods & Services

ItemGouverneurNational avg.Difference
Haircut $19.12$14.5931.0%
Beauty Salon $45.50$34.6831.2%
Toothpaste $2.09$2.4715.5%
Shampoo $1.09$1.026.7%
Movie $10.53$9.876.7%
Bowling $4.67$4.396.3%

Groceries

ItemGouverneurNational avg.Difference
Ground Beef $4.56$4.481.9%
Fried Chicken $1.84$1.4625.7%
Milk $2.79$2.3618.4%
Potatoes $3.99$3.0630.3%
Pizza $8.00$9.2413.4%
Beer $8.74$8.631.2%

Health Care

ItemGouverneurNational avg.Difference
Optometrist $128.10$99.7828.4%
Doctor $113.84$105.038.4%
Dentist $94.00$88.706.0%
Ibuprofen $9.66$9.412.6%
Lipitor $311.23$298.504.3%

Housing

ItemGouverneurNational avg.Difference
Home Price $68,900.00$175,700.0060.8%
Avg. Mortgage Payment $1,714.70$1,081.0358.6%
Apartment Rent $730.00$920.0020.7%

Transportation

ItemGouverneurNational avg.Difference
Gasoline $2.68$2.0928.1%
Tire Balancing $58.28$45.2928.7%

Utilities

ItemGouverneurNational avg.Difference
All Electricity$234.61$170.8037.4%
Phone $28.84$28.262.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Hermon, NY39391-9%
Hammond, NY37792-8%
Oxbow, NY8593-7%
DeKalb Junction, NY39894-6%
Richville, NY41394-6%
Gouverneur, NY3,91594-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Montesano, WA3,9151000%
Port Monmouth, NJ3,91514747%
Hardeeville, SC3,91411111%
Belleville, MI3,91486-14%
West Columbia, TX3,91783-17%
Gouverneur, NY3,91594-6%
Source: The Gouverneur, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.